This 7,943 SF building on Wadsworth Blvd is available for purchase, offering a unique opportunity for both owner-users and investors.
The second floor has 2,628 RSF available for leaseā€”an ideal space for a professional business such as an architecture firm, management company, or medical office. The building currently houses four tenants: a plastic surgeon, an accounting firm, a due diligence group, and a salon, generating approximately $99,000 in annual income, with scheduled annual increases on all leases. Additional features include 31 parking spaces and approximately 2,300 SF of basement space, suitable for storage or potential office use.
Conveniently located on Wadsworth Boulevard accessible via Colfax Avenue and I-70
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.