4949- 4955 Lowell Blvd, Denver, CO, 80221

4949- 4955 Lowell Blvd Denver, CO 80221

4949- 4955 Lowell Blvd, Denver, CO, 80221
4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221 4949- 4955 Lowell Blvd, Denver, CO, 80221
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,175,000
Last Verified:
Nov 02, 2023
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Description

4955 Lowell offers a rare opportunity for an owner user to acquire a live/work retail property on the continually growing Lowell Blvd with the potential for redevelopment. This property offers almost 4,000 SF of retail or warehouse space that can either serve as industrial use with it’s drive-in-door or kept as a storefront for the next business owner. The house offers two residential units that have separate electrical meters and have previously been used for Airbnb. 4949 Lowell has one gas meter, one water tap, and one sewer tap as well as a separate electrical meter. 4955 Lowell has two electrical meters as well as one gas meter, water tap, and sewer tap.
There are roughly 56 different multifamily units on this same block with these being a combination of townhomes and apartments. This 12,500 SF lot offers the potential for an estimated 14 additional townhomes for a potential developer to build up to three stories.

Berkley


Year Built: 1936
Building Size: 5602sq ft
Building Class: B
Lot Size: 0.29 acres


Documents

Sale Brochure 2018 (L)

Map of 4949- 4955 Lowell Blvd, Denver, CO, 80221

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.