Homes for sale - 1550 Dover ST, Lakewood, CO 80215

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$2,300,000

Est. payment - /mo

17,506 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 17,506 sqft

Price per Sqft $131

MLS Listing ID 4161338

Style Traditional

HOA Y/N No

Year Built 1972

Annual Tax Amount $34,409

Tax Year 2021

Lot Size 1.202 Acres

Acres 1.2

Property Sub-Type Office

Source recolorado

Property Description

Premier Luxe Property Group, LLC is please to exclusively offer this NNN Investment Opportunity at 1550 Dover St, Lakewood, CO 80215. Price reduced resulting in a cap rate of 7.25%. The office building is 17,506 s.f. on two levels above grade and has a 1,107 s.f. unfinished basement. The building is situated on a 1.2019 acre lot just one half block north of Colfax Ave. in Lakewood. The building is currently owned and occupied by Bayaud Enterprises, Inc. and it's affiliate company, Service Source, Inc. both of which are 501(c)(3) Non-Profit organizations. The mission of Bayaud Enterprises is to create Hope, Opportunity, and Choice, with work as the means through which people with disabilities and other hurdles to employment can more fully participate in the mainstream of life. Bayaud Enterprises was formed in 1969 and is in good standing with the State of Colorado. Seller is offering a sale/leaseback triple-net investment opportunity with a well funded and long-standing tenant. Tenant is seeking a 3-year lease. Seller also has ability to turn over property sooner to an owner-occupant buyer. Seller is highly motivated, bring any and all offers!

Location

State CO

County Jefferson

Zoning M-S-G

Interior

Fireplace N

Exterior

Parking Features Circular Driveway

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Total Parking Spaces 89

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Premier Luxe Property Group, LLC

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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