5475 Independence StArvada, CO 80002

Property Details for 5475 Independence St

Year built

1987

Property size (Sq ft)

5,778 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional turn-key automotive shop, located at 5475 Independence Street in Arvada, Colorado, presents a rare investment opportunity. The property boasts 5,778 square feet of well-maintained shop space, ideally situated on a 21,238 square foot corner lot, ensuring high visibility and accessibility. Built in 1987, this single-story building features five bays, perfect for servicing a variety of vehicles, and includes two separate offices for administrative tasks. The property benefits from two separate electrical meters, enhancing operational efficiency. Its prime location across from a Walmart shopping center guarantees consistent high traffic flow, providing immediate access to a large potential customer base. Further enhancing its appeal, the property is situated in a rapidly growing area, with 695 new single and multi-family units and townhomes currently under construction within a half-mile radius. This surge in residential development translates to a significantly expanding customer pool. The property's MX-N zoning ensures flexibility for continued automotive use. With limited competition from only one other automotive repair shop in the immediate vicinity, this presents a unique chance to capitalize on a burgeoning market. The average household income within a two-mile radius exceeds $96,000, indicating strong purchasing power in the area. The asking price for this exceptional property is $2,295,000.

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8006

Longitude

-105.105

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