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For Sale149 Days
$2,450,000

5985 Lamar Street
Arvada, CO 80003

Commercial For Sale
11,132 Sq. Ft.
0.80 Acre Lot
Coldwell Banker Realty 56

Description for 5985 Lamar Street, Arvada, CO 80003

Explore the exceptional commercial and industrial opportunities at 5985 Lamar St, Arvada, CO 80003. This versatile property features 7 well-maintained units, each with its own drive-in bay, ideal for owner-occupiers and investors. The building encompasses 11,132 sq ft, including lofts for ample storage. Semi trucks: seamless loading/unloading, drive-in bay. The owner occupies 4 units, while 3 units are rented out on a month-to-month lease, providing flexibility for the new owner. Units E, F, and G feature 16 ft ceilings, offices, and a total of 5,500 sq ft that can be used together or separately, with Unit E including a 12×14 drive-in garage bay and loft, Unit F an 11×12 drive-in garage bay, and Unit G a 10×12 drive-in garage bay. Units A, B, C, and D offer 10 ft ceilings, offices, 10×9 drive-in garage bays, and flexible areas, with Unit A at 2,060 sq ft including a Bananza Unit which is a controlled ventilation spray booth making it a move in ready shop for painters Appx $80,000 value. Units B and C at 990 sq ft each with 1 bathroom, and Unit D at 1,080 sq ft with 1 bathroom. The property includes 25 parking spots, located just 1.2 miles from Highway 76 and 2.4 miles from I-70, with downtown Denver 8 miles or a 20-minute drive away. The property can be gated for enhanced security. Offices have been recently renovated, and the building is move-in ready, reducing downtime and additional costs. This commercial property offers unparalleled flexibility with the option to occupy part of the space while generating rental income from other units. The strategic location, combined with the property’s features and current tenant flexibility, makes 5985 Lamar St a prime opportunity for businesses looking to expand or investors seeking a valuable asset. Seize this chance to acquire a well-positioned industrial property in a thriving area. Schedule a viewing today to explore the potential of 5985 Lamar St and envision your business thriving in this dynamic space.

Property Details

Listing Details
For Sale
Commercial
Industrial
For Sale
REC6891631
$2,450,000
07/03/2024
11,132 Sqft
1971
$2,450,000
$2,450,000
REC55053961
Single Family
Sellers personal items.. Tenants personal items.
47
Location Information
US
CO
Jefferson
Arvada
80003
Lamar
5985
Street
W106° 55' 55.8''
N39° 48' 18.5''
Garage/Parking
Oversized,Heated Garage,Concrete,Exterior Access Door,Insulated Garage,Lighted,Storage,Rv Garage,Tandem
22
Interior Features
220 Volts,110v,Phase 3
Security System,Secured Garage/parking
Exterior Features
No
No
Tar/gravel
Block,Concrete
Land Info
0.80 Acre
Nw
Industrial
39-123-00-007
Monthly
Office,Commercial,Industrial,Warehouse,Manufacturing
Paved
Utilities
Public Sewer
HOA Info
2
Monthly
7
No
Rental Info
Monthly
Tax Info
That part of the NW 1/4 of the SW 1/4 of section 12, Township 3 South, Range 69 West of the 6th P.M., described as follows:Beginning at a point 350 feet North of the Intersection of the East line of the NW 1/4 of the SW 1/4 of said Section 12 with the Northerly right of way line of the Denver and Salt Lake Railway Company, formerly the Denver Northeast and Pacific Company; thence North 116 feet to a point; thence West 325 feet; thence South 116 feet to a point; thence East 325 feet to the Point of Beginning, County of Jefferson, State of Colorado.Excepting therefrom the East 30 feet.
$45,591
2023
Listing Information
Coldwell Banker Realty 56
Mikhail Tevs
RECCBR56
Recolorado
$2,600,000
09/24/2024 15:41:44
Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
Public
1

Price History

Source: MLS
DateEventPriceSource
2024-09-24 18:33:07For Sale$2,450,000MLS
2024-07-03 21:47:15For Sale$2,600,000MLS
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