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1515 Iris St Lakewood, CO

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For Sale
$799,000

Turn-key automotive shop in the heart of Lakewood.

Property size:
2,905 SF
Lot size:
0.25 Acres

Property Features for 1515 Iris St

General Information

Size
2,905 SF
Lot size
0.25 Acres

Source: Hoff & Leigh Agent Beau Hershberger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lakewood Automotive Shop For Sale

This is a turn-key automotive shop suitable for an owner-user or investor. The property is located in the heart of Lakewood, providing convenient access to downtown, Boulder, US-6, and Colfax Avenue. The building offers approximately 2,905 square feet of space. The current tenant pays $6,300 per month gross, with a lease expiring on May 28. The lease includes annual rent increases. Alternatively, the tenant can relocate, allowing an owner-user to occupy the building and operate their business. The property's taxes are $13,517.14, and the approximate insurance cost is $3,834. The net operating income (NOI) is $58,249. This property is suited for automotive businesses and retail purposes.
Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Tomoco Auto, Pro-Tint Inc, Professional Dispensing System, Brakes Plus, Paintless Solutions

Location Insight

  • Map
  • Local Demand
City
Lakewood
County
Jefferson
State
Colorado
Longitude
-105.1083542
Latitude
39.7775841

FAQs

What type of property is this?
Auto shop - Turn-key automotive shop in the heart of Lakewood.
Where is this auto shop located?
The property is located at 1515 Iris St Lakewood, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Turn-key automotive shop ideal for owner-user or investor.; - Immediate income of $6,300/month gross from current tenant, with annual rent increases.; - Option for tenant to relocate, allowing owner-user occupancy.
More about this property
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