6073 44th Ave, Wheat Ridge, CO 80033-4752

This exceptional investment opportunity presents a two-story, 15,321-square-foot office building situated on a 39,901-square-foot lot in Wheat Ridge, Colorado. The property boasts a diverse tenant mix within thirteen units, offering a current NOI of $91,445 and a 4.57% cap rate. A pro-forma analysis projects a significantly improved NOI of $121,046 and a 6.05% cap rate, showcasing substantial upside potential. Built in 1963, the building features a block/stucco exterior, a flat roof, and ample paved parking for 71 vehicles—a generous 5.5 spaces per unit. The property benefits from a high-visibility location on W 44th Avenue, adjacent to a Walmart, ensuring excellent exposure and accessibility. Recent improvements include new front-facing windows installed in 2023. The C-1 zoning allows for a variety of commercial uses. The asking price is $2,000,000, representing a price per square foot of $130.54 and a price per unit of $153,846.15. This multi-tenant building offers a compelling combination of strong current income and significant future growth potential, making it an attractive addition to any investment portfolio. Water and sewer services are connected to the master system.