6921 Lowell Blvd Westminster, CO 80221-2654

This exceptional redevelopment opportunity encompasses a 4.32-acre lot in Westminster, Colorado, ideally situated adjacent to Westminster's commuter rail station at 6921 Lowell Blvd, 80221. The property boasts a total of 18,628 square feet of building space, currently configured as a multi-tenant complex with a diverse mix of uses. Seven existing buildings are included in the sale, comprising warehouse space previously used for stone manufacturing, a dedicated office/reception area, and two retail spaces currently leased to a liquor store and a tavern, both with prominent Lowell Boulevard frontage. Additionally, the property features five residential units and four garage units, all currently leased. The asking price is $4,250,000, representing a compelling price per square foot of $228.15 and a projected cap rate of 10.00%. The property is zoned C-1, offering significant flexibility for future development. Note that the existing business operations are sold separately. This presents a unique chance to acquire a substantial property with diverse income streams and significant redevelopment potential in a prime location. The property's proximity to the commuter rail station ensures excellent accessibility and strong potential for future growth.