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$ 824,900
Est. payment | /mo
0.34 Acres Lot
$ 824,900
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6791228
HOA Y/N No
Year Built 1945
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Office
Property Description
7388 -7390 Lowell Blvd is an incredible versatile commercial property located in a highly desirable Westminster Enterprise Zone. Situated on a 0.34-acre lot with a freshly resurfaced parking lot and ample room for trucks, trailers, and equipment, this property is tailor-made for contractors, trade professionals, owner-users, or value-add investors. Enjoy immediate cash flow from existing tenants while retaining flexible options for future owner occupancy or leasing upside.
Office Building Property Highlights & Capital Improvements (7390 Lowell)
Main Commercial Building (3,150 Total SF)
Layout: 1,575 SF main floor office space + 1,575 SF finished basement
Construction & Upgrades: Originally built in 1945; extensively renovated in 2013
Power: Equipped with 220V power service
HVAC Systems:
Dual furnace and A/C units (1st unit/furnace replaced 04/2016; 2nd A/C unit replaced 09/2019)
Roof: Replaced Summer 2018
Detached Residential Property Highlights & Capital Improvements (7388 Lowell)
Layout: Standalone 720 SF residence ideal for rental income or an on-site manager
Upgrades: Originally built in 1955; renovated in 2014
Lease Status: Currently rented at $1,300/month gross on a flexible month-to-month basis
Roof: Replaced in 2015
Replaced, updated furnace
Key Financials & Current Income Stream
Total Current Monthly Gross Income: $4,650 / month ($55,800 / year annualized)
Main Building Upper Level (1,575 SF): $2,800 / month FSG (Leased through 8/1/2027)
Main Building Finished Basement (1,575 SF): $550 / month FSG (Month-to-Month)
Detached Residential House (720 SF): $1,300 / month FSG (Month-to-Month)
Annual Property Taxes: $11,369.40
Tax Incentive Zone: Located in an official Colorado Enterprise Zone, offering potential business tax credits and financial incentives.
Seller Financing Terms for a Qualified Buyer
As low as 4% Interest Rate
As long as 25 year amortization
As long as 3 - 5 Year Term
At least 20% down payment
Office Building Property Highlights & Capital Improvements (7390 Lowell)
Main Commercial Building (3,150 Total SF)
Layout: 1,575 SF main floor office space + 1,575 SF finished basement
Construction & Upgrades: Originally built in 1945; extensively renovated in 2013
Power: Equipped with 220V power service
HVAC Systems:
Dual furnace and A/C units (1st unit/furnace replaced 04/2016; 2nd A/C unit replaced 09/2019)
Roof: Replaced Summer 2018
Detached Residential Property Highlights & Capital Improvements (7388 Lowell)
Layout: Standalone 720 SF residence ideal for rental income or an on-site manager
Upgrades: Originally built in 1955; renovated in 2014
Lease Status: Currently rented at $1,300/month gross on a flexible month-to-month basis
Roof: Replaced in 2015
Replaced, updated furnace
Key Financials & Current Income Stream
Total Current Monthly Gross Income: $4,650 / month ($55,800 / year annualized)
Main Building Upper Level (1,575 SF): $2,800 / month FSG (Leased through 8/1/2027)
Main Building Finished Basement (1,575 SF): $550 / month FSG (Month-to-Month)
Detached Residential House (720 SF): $1,300 / month FSG (Month-to-Month)
Annual Property Taxes: $11,369.40
Tax Incentive Zone: Located in an official Colorado Enterprise Zone, offering potential business tax credits and financial incentives.
Seller Financing Terms for a Qualified Buyer
As low as 4% Interest Rate
As long as 25 year amortization
As long as 3 - 5 Year Term
At least 20% down payment
Location
State CO
County Adams
Zoning PUD
Exterior
Waterfront Description Public
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID R0066431
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byColorado Real Estate Brokers Inc
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