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7703 Ralston Rd 7703 Ralston Rd

3,422 SF 40% Leased Office Building Arvada, CO 80002 $1,500,000 ($438/SF)

Investment Highlights

  • Olde Town Arvada at the Intersection of Ralston Road!
  • Highly Flexible Zoning allows for many uses. Internally conducive to many configurations.
  • Located in booming shopping, dining, entertainment district!

Executive Summary

Price reduced $200k! Seller Motivated, calls for all offers! Historical “BF Wadsworth” prime commercial office/retail property in the heart of historic Olde Town Arvada is now available! Built in 1883 by Benjamin Franklin Wadsworth, the original Founding Father of Arvada, this ornate property is meticulously cared for and features over 3,400sf with gorgeous hardwood floors, leaded glass chandeliers, and ample natural light. The main level of the property is 1166 ft.² of retail space, is currently occupied by one tenant w/ flexible lease terms - simply re-hanging the preserved vintage doors allows reconfiguration in to 4 individual securable offices surrounding a shared kitchen area & bathroom. The main level rear door leads to a private parking lot w/ 7 spaces, ADA accessible. The 2nd level, also 1166 ft.² can similarly reconfigure in to 4 independent, secure offices (or two offices of 3 suites each!) and 1 shared half bath. The third-floor Loft-Style Crows Nest features 200 ft.² of for an additional secured office with views of the historic Olde Towne Arvada Water Tower. Rounding out this amazing property is an 896 ft.² unfinished basement perfect for storage or future finished space. The property sits on .28 acres, with mature trees, views of mountains & the historic Olde Town Water Tower from all floors. Rear of structure has potential for rooftop patio. Situated on the north end of Olde Town Arvada and the heart of the Ralston Road Business District, this property has maximum visibility on Ralston yet is steps from Olde Town Arvada restaurants, shops and vibrant social life. Light rail access is a short 2 blocks, a bus stop a half block away, & I-70 one mile away, this property is ideally located less than 20 minutes from Denver & 15 min to Golden. Zoned OT-RR, the Olde Town Ralston Road District is a mixed-use zone district built for Business Enterprise but includes live/work, could be converted to multifamily.
Zoning: https://www.arvadaco.gov/223/OT-RR-Olde-Town-Ralston-Road-District
Main Floor office is owner occupied, will vacate upon close so that new owner has flexibility. 2nd & 3rd floor vacant, ready for your business model! Numerous configurations of offices possible to suit Buyer’s needs and maximize profitability.
Schedule your showing today with Kristen Gustafson: 303-550-1497!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
3,422 SF
Building Class
C
Year Built
1883
Price
$1,500,000
Price Per SF
$438
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,711 SF
Building FAR
0.28
Lot Size
0.28 AC
Zoning
OT-RR - Zoned OT-RR, the Olde Town Ralston Road District , mixed-use Zoning: See: https://www.arvadaco.gov/223/OT-RR-Olde-Town-Ralston-Road-District
Parking
7 Spaces (2.05 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,166 SF
  • Office
  • Full Build-Out
  • Now

Rent is $2,600/mo flat rate for entire first floor office space, could serve as retail as well. Six distinct rooms allow for numerous configurations, with a plethora of workstations (12+!). Private Bathroom & Kitchenette. The first floor offices allow for two distinct entrances in to the office space off the building's foyer, as well as direct private access from the parking lot. Easy access for walking traffic on Ralston coming from Old Wadsworth. Common basement storage included. Ideal for Law Firms, Brokerages (Mortgage OR Realty), Accounting, Architectural, Personal Care services such as Massage or Acupuncture, Therapists, and more!

  • 2nd Floor
  • 1,366 SF
  • Office
  • Full Build-Out
  • Now

Rent is $2,250/mo flat rate for entire second floor office space PLUS bonus 3rd floor loft! Loft space partially finished ready for your custom touches. Seven distinct rooms allow for numerous configurations, with a plethora of workstations (12+!). Private Bathroom on 2nd floor. Common basement storage included. Ideal for Law Firms, Brokerages (Mortgage OR Realty), Accounting, Architectural, Personal Care services such as Massage or Acupuncture, Therapists, Coworking, and more!

Space Size Space Use Condition Available
1st Floor 1,166 SF Office Full Build-Out Now
2nd Floor 1,366 SF Office Full Build-Out Now

1st Floor

Size
1,166 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
1,366 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,166 SF
Space Use Office
Condition Full Build-Out
Available Now

Rent is $2,600/mo flat rate for entire first floor office space, could serve as retail as well. Six distinct rooms allow for numerous configurations, with a plethora of workstations (12+!). Private Bathroom & Kitchenette. The first floor offices allow for two distinct entrances in to the office space off the building's foyer, as well as direct private access from the parking lot. Easy access for walking traffic on Ralston coming from Old Wadsworth. Common basement storage included. Ideal for Law Firms, Brokerages (Mortgage OR Realty), Accounting, Architectural, Personal Care services such as Massage or Acupuncture, Therapists, and more!

2nd Floor

Size 1,366 SF
Space Use Office
Condition Full Build-Out
Available Now

Rent is $2,250/mo flat rate for entire second floor office space PLUS bonus 3rd floor loft! Loft space partially finished ready for your custom touches. Seven distinct rooms allow for numerous configurations, with a plethora of workstations (12+!). Private Bathroom on 2nd floor. Common basement storage included. Ideal for Law Firms, Brokerages (Mortgage OR Realty), Accounting, Architectural, Personal Care services such as Massage or Acupuncture, Therapists, Coworking, and more!

Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-113-12-034
Land Assessment
$23,541
Improvements Assessment
$138,587
Total Assessment
$162,128
  • Listing ID: 31635181

  • Date on Market: 4/27/2024

  • Last Updated:

  • Address: 7703 Ralston Rd, Arvada, CO 80002

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