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    • Listing Provided By MB Metro Brokers 7th Avenue Properties LLC
    DESCRIPTION

    Fantastic Opportunity for Investor to Enjoy this 2 Story Office Bldg Circa 1975 Renovated in 2010 (approximately) Facade Completed August 2020, Cash flow!!! Medium and Small Offices are 98% Occupied! (Currently 1 Small Office is Available) Cash FLOW!!!!! Expenses are Super Low on this Low Maintenance Bldg (Brick & Stone). Gross Income currently is $530,400 (Annually) Current Expenses are $187,812 (Annually) NET INCOME $351,188 CAP RATE of 8.78% You Won't Finds a Sweeter Deal Out There! Previous Occupant was Medical/non-Profit. Call for Details DONT DISTURB TENANTS!!!!! Call Listor to Arrange Showings. Price also Includes 1051 South Kingston Street (1428 sq ft Garage and parking Lot)

    KEY DETAILS
    • Price:
    • $4,000,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 46,604
    • Acreage:
    • 1.40
    • Year Built:
    • 1975
    • MLS #:
    • 9412967
    • Street Address:
    • 11111 E Mississippi Ave
    • City:
    • Aurora
    • State:
    • CO
    • Postal Code:
    • 80012
    • County:
    • Arapahoe
    • Listing Status:
    • For Sale - Pending

    Building

    • Building Security:
    • Controlled Access, Secured Garage/Parking, Security Lights
    • Construction Description:
    • Brick, Frame, Stone
    • Construction Type:
    • Brick, Stone
    • Features:
    • Freight Elevator, On Site Management
    • Number Of Units:
    • 64
    • Number Of Units Vacant:
    • 2
    • Stories:
    • 2
    • Stories:
    • Two
    • Style:
    • Low Rise
    • Total Building Square Footage:
    • 46604
    • Type Of Roof:
    • Membrane
    • Year Built:
    • 1975

    Business

    • Gross Income:
    • 539000
    • Operating Expense:
    • 187812

    Documents

    • Documents On Hand:
    • Building Plans

    Land

    • Conforms To Zoning:
    • Office
    • Existing Land Use:
    • Office
    • Lot Features:
    • Cul-De-Sac
    • Lot Square Footage:
    • 61202
    • Road Frontage Type:
    • Public Road
    • Road Type:
    • Paved

    Listing

    • Annual Lease Rate:
    • 12
    • Contingency Type:
    • None Known
    • Days On Market:
    • 233
    • Excluded:
    • Any Personal Property Of Seller/Tenants
    • Originating Mls:
    • Reco

    Location

    • Street Direction Prefix:
    • E
    • Street Type:
    • Avenue

    Money

    • Property Taxes:
    • $40,200
    • Tax Year:
    • 2020

    Structures

    • Parking Spaces:
    • 120

    Systems

    • Electricity:
    • 3 Phase
    • Existing Water:
    • Public
    • Sewage Type:
    • Public Sewer

    Source

    COMLIST
    REQUEST SHOWING
    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

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