56620 Colfax Ave Strasburg, CO 80136

Property Details for 56620 Colfax Ave

Year built

1950

Lot size

0.13 lot acres

Property size

3,450 SF

Property type

Office Properties & Spaces

Description

This exceptional 3,450 square foot office building presents a rare investment opportunity in the thriving town of Strasburg, Colorado. Strategically located on Colfax Avenue, this property boasts a prime central location with excellent visibility and accessibility. The building has enjoyed consistent full occupancy for over a decade, currently housing a dentist and an orthodontist as excellent long-term tenants. One side of the building has undergone a complete renovation, and renovations are currently underway on the other side, ensuring modern and updated spaces for tenants. The fully renovated basement will include furniture, adding further value to the property. Durable exterior features include a steel roof and vinyl siding, minimizing maintenance needs. The 0.13-acre lot provides ample space for the building and potential future expansion. This property offers a significant opportunity for investors seeking a strong cap rate due to its consistent rental income and the potential for further lease agreements or owner-occupancy. Detailed financial information is available upon request. This is a turnkey operation with established tenants and a proven track record of success, making it an ideal investment for discerning buyers. Don't miss this chance to acquire a high-performing commercial property in a desirable Colorado location.

Location Insight

City

Strasburg

County

Arapahoe

State

Colorado

Longitude

-104.325

Latitude

39.7381