$6,350,000
$6,950,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
1.97 Acres Lot
SOLD DATE : 07/22/2024
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
Year Built 1987
Lot Size 1.970 Acres
Acres 1.97
Property Sub-Type Special Purpose
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
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Tax ID R0102697
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