For Sale Commercial MLS# 8316507

3969 E Arapahoe Road

Centennial, CO 80122

$1,100,000

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About 3969 E Arapahoe Road

Premier Luxe Property Group, LLC is please to exclusively offer this Commercial Office Investment Opportunity at 3969 E Arapahoe Rd, Centennial, CO 80122. The office building is 5,798 s.f. on three levels above grade and has a 1,398 s.f. unfinished basement. The building is situated on a 2,737 s.f. lot just one half block south of Arapahoe Rd.

The building is currently owned by Ridgeline Development, LLC. At the present time 10 of the 12 office suites are rented on primarily 1 year leases. The tenants pay gross rents and landlord pays for building expenses including utilities, internet, janitorial, and phone. Potential value add for the property is turning the basement space into storage for rent.

Property details

Property

Type
Office
MLS type
Commercial Sale
Status
Active
Year built
1982
Lot
0.06 AC / 2,737 SF
MLS #
8316507

Exterior & lot

Roof
Composition
Lot
Landscaped
Parking
Asphalt

Utilities

Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$24,743
Parcel
034876669

Location

County
Arapahoe
Directions
Arapahoe Rd to Colorado Blvd, turn north and property is on left. Building 3969

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Listed by John Dovenbarger, Berkshire Hathaway HomeServices Colorado Real Estate, LLC

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