3220 52Nd Ave Denver, CO 80221

Property Details for 3220 52Nd Ave

Year built

1979

Construction

STEEL FRAME

Lot size

0.96 lot acres

Property size

25,000 SF

Zone code

I-A

Property type

Warehouses

APN

02134-00-145-000

APU

213400145000

Description

This exceptional 25,000-square-foot industrial property, located at 3220 E 52nd Avenue in Denver, Colorado, presents a compelling investment opportunity. Situated on a nearly one-acre lot (0.95 acres) in the Elyria-Swansea neighborhood, this single-story, Class C building offers a versatile space ideal for manufacturing, research and development, or warehousing. Built in 1979, the property features 18-foot clear ceiling heights, ample power, and recently installed LED lighting throughout. The layout includes approximately 20% office space with private offices, a kitchen, bullpen area, and accounting space, complemented by expansive open shop space with minimal columns. Loading is facilitated by one dock-high door and one drive-in door. Six parking spaces are available on-site. The property benefits from convenient access to major highways, including I-70, I-270, I-25, and I-76, via Vasquez Boulevard and Colorado Boulevard. Zoned I-A, this property offers a wide range of potential uses. The asking price is $4,400,000, translating to $176 per square foot. The land value alone is $106.33 per square foot. The property is fully sprinklered and located in an Opportunity Zone. The building is currently owner-occupied and available for occupancy on March 1, 2024. This represents a strong value proposition in a submarket with a 5.98% vacancy rate (Q1 2024) and an average asking rent of $12.36 per square foot.

Location Insight

City

Denver

County

Denver

State

Colorado

Longitude

-104.948

Latitude

39.7905

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments