A 22,700 square foot office building located at 4485 Wadsworth Blvd in Wheat Ridge, Colorado, has been listed for sale at a price of $3,500,000. Currently 90% occupied, the property generates an annual net operating income (NOI) of $241,296 and features a 6.9% capitalization rate with month-to-month leases.
The property sits on 1.06 acres and is zoned C-1, which permits various commercial or mixed-use redevelopment opportunities. Its strategic location along a major commercial corridor provides significant visibility and accessibility, making it suitable for office, medical, retail, or redevelopment projects.
Source: Property Listing