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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 9336991
Sold Date 03/05/24
HOA Y/N No
Originating Board recolorado
Year Built 1954
Annual Tax Amount $6,429
Tax Year 2022
Lot Size 1.390 Acres
Acres 1.39
Property Description
Situated on 1.38 acres along Vasquez Boulevard, a thriving corridor merely 20 minutes from downtown Denver, this 8-unit multifamily property presents a compelling commercial investment opportunity. Benefiting from a strategic location zoned as C-3 Commercial, positioned between Vasquez Blvd and Interstate 76, it strategically capitalizes on its placement in the heart of an industrial hub in Commerce City. As a C-3 Regional Commercial District, the property accommodates higher-impact business activities, general retail, commercial enterprises, and professional offices, catering to both the local community and the broader public.
In essence, this multifaceted investment aligns with the city’s vision for strategic commercial growth and offers an opportunity for investors seeking a versatile asset within the dynamic landscape of the Denver metropolitan area. The unique combination of location, zoning, and future land use designation positions this property as an attractive investment opportunity for those looking to capitalize on the thriving regional commercial market.
Location
State CO
County Adams
Zoning C-3 Regional Commercial
Interior
Fireplace N
Exterior
Roof Type Other
Garage No
Building
Sewer Public Sewer
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Gala Realty Group, LLC
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Diana Nelson
Team Leader | License ID: FA100065608
Team Leader License ID: FA100065608