Address
275 S Jay Street Lakewood, CO
Price
$ 850,000
Property Attributes
  • MLS#5068407
  • TypeLand
  • CountyJEFFERSON
  • CityLakewood
  • NeighborhoodBennet Acres
  • Zip80226
  • Style
  • Taxes12435
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.75 Acres
Listing Provided Courtesy Of:
COLDWELL BANKER RESIDENTIAL 18
Property Description

LIVE/WORK/DEVELOP - Great office rental possibility. This 32,774 sqft. parcel is zoned M G U which allows for many different uses including but not limited to: Multi Family, Group Home, Hotel, Bar, Office, Structured Parking, School, Retail, Day Care, and Restaurant. This property is being sold for land value but can support cash flow as lease and is currently used as office, retail, and storage. Rents may cover carry costs while achieving approval of development plans with City of Lakewood for highest and best use. 275 Jay St is just feet off of heavily trafficked Alameda Avenue and is located just west of All Star Park. The area has achieved tons of new development just recently and is continuing in the area. 14+ additional lot spaces unoccupied and storage space unoccupied for addition income potential. Buy and hold is a strong possibility also. Property is being SOLD AS IS. Quick close possible.

Price History
7/14/2020 Listed $850,000

General Features

Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use Commercial
Garage Spaces 0.0
Garage Y/N No
High School District Jefferson County R-1
Ownership Corporation/Trust
Parking Features Asphalt, CircularDriveway, Driveway, Gravel, ParkingLot, Storage
Possible Use Commercial, MultiFamily, Office, Residential, Vacant
Property SubType ImprovedLand
Property Type Land
Special Listing Conditions None
Terms Cash, Conventional, Item1031Exchange, PrivateFinancingAvailable
Zoning MGU

Exterior Features

Covered Spaces 0.0
Lot Size Acres 0.75
Lot Size Square Feet 32774.0
Total Parking 16.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80226

Price
AVG $640K
$850K
Taxes
AVG $6,655
$12,435
Visits
AVG 40
27

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