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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4147930
Sold Date 12/13/23
Style Contemporary
HOA Y/N No
Originating Board recolorado
Year Built 2000
Annual Tax Amount $5,337
Tax Year 2022
Lot Size 0.750 Acres
Acres 0.75
Property Description
9495 and 9515 West 49th Avenue for sale as a package. These two side-by-side wood frame residential-style commercial group homes were constructed originally as Beehive Homes-the former Verandas Wheat Ridge assisted living facilities, licensed until recently for 16 beds each or 32 beds total, configured with 11 units each laying out as 5 shared and 6 private rooms each. Each unit has a half-bath vanity and toilet, with two shared shower-bathing rooms and a laundry. There are a total of 11 half-baths and 2 full bathrooms. 9495 W 49th retains the original 2-car attached garage, while the garage for 9515 W 49th was converted into a large activities room. Both buildings share a secured, fenced courtyard and a 32,500 square foot lot so they could be good for dementia-Alzheimers residents. The roofs were both replaced in 2017. The exteriors of both buildings have been well-maintained. The interior of 9515 was updated in recent years, but the interior of 9495 has not been updated recently. R-C Restricted Commercial zoning through Wheat Ridge. Could potentially be a residential group home or residential recovery home based on the design, layout, and zoning. Medical office use is also allowed. A good location and modern design of side-by-side assisted living facilities are also suitable as a group home. The sellers are selling because their tenant-operator lost their license due to operational issues. New buyers could resume assisted living facility use with new CDPHE license or start an alternative use such as a group home (9+) per Wheat Ridge Zoning (verify independently).
Location
State CO
County Jefferson
Zoning R-C Restricted Commercial
Interior
Fireplace N
Exterior
Garage Asphalt, Circular Driveway, Concrete
Garage Spaces 2.0
Roof Type Composition
Parking Type Asphalt, Circular Driveway, Concrete
Total Parking Spaces 10
Garage Yes
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Short Sale
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Engel & Volkers Denver
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Diana Nelson
Team Leader | License ID: FA100065608
Team Leader License ID: FA100065608