Sold
6050-6054 W 38th Avenue
Wheat Ridge CO, 80033
$4,200,000
$224.72 per sqft
Sold
18,690 sqft
Commercial
Built in 1925
* Great Unit Mix: (1) Studio; (11) 1Bd/1Ba & (7) 2Bd/1Ba
* Massive Additional Income from 27 On-Site Garage/Storage Units
* Many Recent Capital Improvements Including: Partially Renovated Units, New Roofs & Exterior Paint
* 5.68% Proforma CAP Rate
* 1.31 Acre Lot Primed for Future Redevelopment
* Excellent Visibility on West 38th Avenue
* Located in High Priority Redevelopment Area Nicknamed the Ridge at 38
* Zoned MU-N (Mixed-Use Neighborhood)
* Just Four Miles West of Downtown Denver
* Strong Neighborhood Demographics
8952165
MLSⓇ ID
August 29, 2022
Listed
March 21, 2024
Updated
Map
6050-6054 W 38th Avenue
Wheat Ridge CO, 80033
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.31 Acres
Lot Features
Landscaped, Near Public Transit
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$17,579
Tax Frequency
Annually
Garage
Yes
Garage Spaces
27
Parking Total
27
View
No
County
Jefferson
Water Source
Public
Pool
No
Zoning
MU-N
Buyer Agency Compensation
2.8%
Listing History
Date | Event | Price |
|---|---|---|
5/12/2023 | Sold | $4,200,000 |
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