538 Olathe StAurora, CO 80011

  • Industrial properties
  • 1,750 SF
For Sale
$375,000 View listing

Property Details for 538 Olathe St

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.09 AC
Property size (Sq ft)
1,750 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
1975-08-1-15-005
APU
197508115005

Description

This exceptional investment opportunity presents two identical industrial units, totaling 1,750 square feet, located at 538 Olathe Street, Unit H and J, in Aurora, Colorado. Each unit is currently leased for $2,500 per month, generating a substantial monthly rental income. Both units are situated within the Waterford 3 building, a multi-tenant complex housing various businesses including body shops, auto repair facilities, storage businesses, and a church, indicating a diverse and established commercial area. The units are ideal for a variety of uses given their size and location. The property is offered at $375,000 for both units. Please note that the listed price is for both units, and each unit is individually 1,750 square feet. The seller requires an accepted offer before showings and buyer inspections are permitted. Direct communication with tenants is strictly prohibited. While stock photos are used in the listing, the units are identical in size and layout. Market analysis reveals limited availability of comparable properties, highlighting the unique investment potential of this offering. This is a rare chance to acquire a stable, high-yielding industrial property in a thriving Aurora location. Act quickly, as opportunities like this are seldom available.

538 Olathe St, Aurora, Colorado

Location Insight

City
Aurora
County
Arapahoe
State
Colorado
Latitude
39.7246
Longitude
-104.793
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,668
-
-
$58,590
-
$32,640
$177,360
$210,000

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