3725 Cleveland Ave, Wellington, CO 80549-5053
This charming, historic Wellington Hotel building, constructed in 1901 and renovated in 1955, offers multiple office suites for lease. The property, zoned for Downtown Commercial use, boasts a total of 3,360 square feet across two stories, situated on 1.7 acres of land. Currently, 404 square feet of office space is available for lease. The building features 12 total parking spaces and is conveniently located in the Wellington submarket's Downtown cluster, with easy access to I-25 and proximity to 2nd St. Available suites include Suite D (150 sq ft, $500/month), Suite A (137 sq ft, $500/month), and Suite Z (117 sq ft, $450/month). Suites A and Z can be combined for a total of 254 sq ft at $900/month. Leases are modified gross, encompassing basic internet, trash removal, landscaping, exterior maintenance, snow removal, taxes, and property insurance. The building offers modern amenities including air conditioning. This presents a unique opportunity to establish your business in a revitalized downtown area experiencing population growth.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.