450 Jefferson Ave Englewood, CO 80110

Property Details for 450 Jefferson Ave

Year built

1955

Property size

2,208 SF

Property type

Commercial real estate

Description

This exceptional mixed-use property at 450 W Jefferson Avenue, Englewood, CO 80110, presents a unique investment opportunity. Currently operating as a commercial building, this 2,208 square foot, two-story structure sits on a double lot, offering significant flexibility. Built in 1955, the building boasts a rare MU-R-3-B zoning designation, allowing for diverse uses. Currently occupied by a long-term month-to-month tenant, the property generates immediate income. The main floor features two large offices (or bedrooms), a full kitchen, a spacious lobby, and a half-bathroom. The lower level, accessible via a separate exterior entrance, includes five additional office spaces (or conforming bedrooms) and another half-bathroom. Each floor has its own independent heating and cooling systems. The property's corner lot location provides excellent visibility and accessibility, complemented by a substantial parking area. Its proximity to shops, public transportation, and downtown Englewood enhances its appeal. The building's history as a residential home suggests the possibility of conversion back to a single-family residence or a multi-unit residential rental property, further expanding investment options. The asking price is $575,000. This property offers a compelling blend of income generation, zoning flexibility, and prime location, making it an ideal investment for discerning buyers.