5612 Newland Way Arvada, CO 80002-2604

This exceptional 6,000-square-foot industrial property, located at 5612 Newland Way in Arvada, Colorado, presents a compelling investment or user opportunity. Situated on a 17,576-square-foot lot, this single-story, 1965-built building currently features three units, each offering drive-in loading. However, the property's layout allows for easy conversion back to its original four-unit configuration, capitalizing on the high demand for smaller industrial spaces (1,000-3,000 square feet) in this tight market. The property boasts several recent upgrades, including a roof replacement in 2020 and new electrical panels installed in 2022. Additional features include a small fenced storage area in the rear and extra storage space on the building's south side. Currently operating at 75% occupancy, this property offers significant potential for increased rental income by bringing the units closer to market rates. The asking price is $1,195,000, translating to $199.17 per square foot. The property is zoned IL, making it suitable for a variety of industrial uses. This is a rare opportunity to acquire a well-maintained, adaptable industrial property in a highly sought-after Arvada location (Jefferson County, zip code 80002).