6175 W 38th Ave
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6175 W 38th Ave
2,920 SF Retail Building Wheat Ridge, CO 80033 $1,050,000 ($359.59/SF)
INVESTMENT HIGHLIGHTS
- Freestanding Building
- Flexible Zoning
- Development Potential
- Potential Assemblage Opportunity for .77 Acre Site!
EXECUTIVE SUMMARY
**Rare development opportunity on 38th Avenue in Wheat Ridge! The combined sale of 6175 W 38th Ave (MLS #3482406) and 6145 W 38th Ave (MLS #7901392) offers 0.77 acres in a prime location. Zoned MU-N (Mixed Use-Neighborhood), this assemblage has the potential for up to 15 residential units (to be verified with the City of Wheat Ridge). With high visibility and flexible zoning, this property is ideal for residential, commercial, or live-work development. Don’t miss the chance to create something special in the heart of Wheat Ridge! Buyer would need to purchase this plus the neighboring property.**
Located in the heart of Wheat Ridge, Colorado, on the bustling 38th Avenue corridor, this 2,920 square foot building presents an exceptional opportunity for a thriving business or a dynamic redevelopment project. Currently serving as a well-established children's care center, this property offers abundant parking both in the front and rear, providing convenient access for clients and staff. Its prime location, just steps away from the vibrant hotspots along 38th Avenue, ensures high visibility and easy accessibility. The freestanding building features multiple versatile rooms on the ground floor, along with a partially finished basement area that currently functions as an office for the existing business. A fully fenced playground area at the rear of the property adds to its appeal, providing a safe and enjoyable outdoor space for children. The property's current MU-N (mixed use neighborhood) zoning offers a wide range of possibilities for future owners who may choose to redevelop the site. This flexibility allows for a variety of potential uses, such as the possible Development of a mixed-use project. The MU-N zoning permits a combination of residential and commercial uses, offering opportunities for innovative and creative development. With its prime location, versatile space, and redevelopment potential, this property represents a unique and exciting opportunity for businesses and investors seeking to establish a presence in the thriving Wheat Ridge community.
Located in the heart of Wheat Ridge, Colorado, on the bustling 38th Avenue corridor, this 2,920 square foot building presents an exceptional opportunity for a thriving business or a dynamic redevelopment project. Currently serving as a well-established children's care center, this property offers abundant parking both in the front and rear, providing convenient access for clients and staff. Its prime location, just steps away from the vibrant hotspots along 38th Avenue, ensures high visibility and easy accessibility. The freestanding building features multiple versatile rooms on the ground floor, along with a partially finished basement area that currently functions as an office for the existing business. A fully fenced playground area at the rear of the property adds to its appeal, providing a safe and enjoyable outdoor space for children. The property's current MU-N (mixed use neighborhood) zoning offers a wide range of possibilities for future owners who may choose to redevelop the site. This flexibility allows for a variety of potential uses, such as the possible Development of a mixed-use project. The MU-N zoning permits a combination of residential and commercial uses, offering opportunities for innovative and creative development. With its prime location, versatile space, and redevelopment potential, this property represents a unique and exciting opportunity for businesses and investors seeking to establish a presence in the thriving Wheat Ridge community.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$15,392
|
$5.27
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,392
|
$5.27
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $15,392 |
| Annual Per SF | $5.27 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,392 |
| Annual Per SF | $5.27 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
2,920 SF
Building Class
C
Year Built
1928
Price
$1,050,000
Price Per SF
$359.59
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.34 AC
Zoning
MU - N; Mixed Use - The MU-N zoning permits a combination of residential and commercial uses, offering opportunities for innovative and creative development. With its pri
Parking
24 Spaces (8.21 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 39-243-00-050 | Total Assessment | $176,044 |
| Land Assessment | $52,410 | Annual Taxes | $15,392 ($5.27/SF) |
| Improvements Assessment | $123,634 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
39-243-00-050
Land Assessment
$52,410
Improvements Assessment
$123,634
Total Assessment
$176,044
Annual Taxes
$15,392 ($5.27/SF)
Tax Year
2023
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6175 W 38th Ave
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