$6,350,000
$6,950,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
4905 W 60th AVE Arvada, CO 80003
1.97 Acres Lot
Key Details
Sold Price $6,350,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7648663
Sold Date 07/22/24
HOA Y/N No
Originating Board recolorado
Year Built 1987
Tax Year 2023
Lot Size 1.970 Acres
Acres 1.97
Property Description
Pleased to offer for sale this unique education facility, currently built out to accommodate grades 6 – 12 and ready for any Education User seeking to take advantage of the strong demographics in the Arvada MSA. The property is excellently located steps from the RTD Park n Ride (60th/Sheridan-Arvada Gold Strike Train Station (G Line)), just off 60th and Sheridan and within 7 minutes (2 Miles) of Olde Town Arvada. Despite being centrally located between Arvada, Wheat Ridge, and Westminster, there is open space, parks, and single-family homes adjacent to the property along with easy access to I-76, I-70, and Sheridan Boulevard.
The two-level, 44,336 SF Education Facility is currently 100% occupied by Early College of Arvada. The school facility resides on a beautiful, park-like, 1.972 Acres with the ability to add additional improvements to the site. In 2017, the current ownership group added $2.0M + in improvements and has since taken excellent care of the property.
The current tenant has operated at the property for the past 6+ years, buoyed by its excellent access to public transit and Interstate access.
Location
State CO
County Adams
Zoning MX-T
Interior
Fireplace N
Exterior
Total Parking Spaces 110
Garage No
Building
Sewer Public Sewer
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Marcum Commercial Advisors