10550 Highway 73, Conifer, CO 80433-8536: Property For Sale: $1,000,000

10550 Highway 73 Conifer, CO 80433-8536
Multi-Family Mix Use Building & Development Site in Aspen Park
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Call or Text SHOW to 720-515-1802 to Arrange a Tour or to Learn More. ReMax Masters Millennium is pleased to present a Multi-Family Mix Use Building and Development Site with one multi-family building and ample surrounding space for additional structures.​​​​ The rolling 10.35 Acre property with great views is nestled along County Hwy 73 and adjacent to Conifer High School in Central Conifer, Colorado.​​​​ Ready for re-zoning it's an ideal site for a developer desiring to expand or to invest as an income property.​​​​ Suggested county use is residential, light industrial and office. Beneficial tenant opportunity where residents could work directly out of home. Currently configured with 2 existing upper level apartments. Main and lower levels can be converted as needed; ideal for office, retail, large shop and storage area. ​​​​Located in the recommended Conifer Activity/Village Center and a short commute to Denver and Evergreen. Short drive, walk and biking distances to shopping and dining.

Property Highlights

  • Month-to-Month or Annual leases with opportunity to Quickly increase Income
  • Advantageous & convenient Site for all Types of Tenants & uses, Easy to Re-Zone
  • Abundance of parking in an already existing open, level area
  • Magnificent Panoramic Mountain views throughout building
  • All Units have Private exterior entries
  • Unfinished walk-out basement w 20' Ceilings, Ideal for retail, workshop, apts.
  • 2 Upper level Apartments offer Full Kitchens & Open Floorplans
  • 2nd Apt is 1 story, 2 Beds, 2 Baths, Huge Living Room, 3 Large Walk-in Closets
  • Great Location! Few minutes to Shopping, Dining, Outdoor Activities & Local Jobs
  • Great opportunity for a Developer, Owner user or Investor
  • Close to Open Space Parks & State Park
  • Significant upside with area Rents rising
  • Residential financing available, as it can be purchased as a duplex
  • Xeriscape with no landscaping cost
  • Limitless Potential with open floor areas to Customize for your Clients
  • 10.35 Acre Development site has ample space already set up for additional Structures
  • Apartment units offer Unbelievable Views from Decks & Balcony
  • 1st Apt. has 2 stories, 1 Bed, 2 Baths, Loft, Living & Dining Rooms, Walk-in Closet
  • Ground level 3rd unit offers very usable, Flexible Spaces
  • Easy access to Hwy 285, across from Conifer High School, Close to Park n Ride
  • Gorgeous wooded property w Ponderosa, lodge pole & Douglas fir trees
  • See all 5 of the 3-D Virtual Tours

Property Description

This a great opportunity for an owner user or value add investor, priced at just $148 per square foot.​​​​ Currently 25% occupied and operating at below market rents, an investor can create value through lease up and increasing rental rates or an owner user can grow their business by moving into existing vacant areas.​​​​ Stabilization is very achievable with month-to-month or year-to-year leases.​​​​ Vacant suites are easily convertible to multi-family apartments, office space or retail. Add value by reconfiguring existing finished and unfinished square footage and add additional buildings.​​​​ Currently zoned Agricultural.​​​​

Ideal location! Only 6 minutes to 3 Open Space Parks and 11 to State Park. Downtown Denver and Denver International Airport are respectively 30 and 55 miles east.​​​​ Building was built in 1994 with 3 lots totaling 10.35 Acres.

One of the 2 apartments is bright with fantastic views, vaulted, has an open floorplan and offers a spacious main level living room, a dining room, full kitchen. Upper level includes a loft area, large bedroom with an en suite 3/4 bath, walk-in closet and access outside to a private balcony. 2nd apartment has an open floorplan on one level. Great views from the entrance deck and spacious living area. Living room is open to the full kitchen with a built-in table and breakfast bar, and a side area perfect as an office, craft or dining area, all with tile floor. The 2 bedrooms each have attached 3/4 baths, 3 over-sized walk-in closets and hardwood flooring.

Ground level access offers very usable, flexible spaces. Expansive area is partially divided with unfinished grypcrete floor. The 4th space in the unfinished walk-out basement, boasts 1,600 SqFt with 20' tall ceilings with great potential! Restructure with 2 floors adding an additional 1,600 SqFt. This area has concrete slab floors, concrete walls, large double entry doors. Ideal for retail, workshop and storage.

All units have fantastic mountain views. Enjoy panoramic front range vistas from the decks and balcony. Take advantage of the short trails on this beautiful wooded property with mature ponderosa, lodge pole and Douglas fir trees throughout. Abundant parking in an existing level open area. Only 1 mile to dining and RTD's park n ride and just 1.5 miles to shopping.

For Sale

$1,000,000

MLS#: 4607636
Bedrooms:
4
Bathrooms (Full):
3
Bathrooms (Half):
2
Orientation (north/south/east/west/etc):
East
Square Feet:
6,776
Lot Size:
10.35 acres
Year Built:
1994
School District:
Jefferson R-1
Property Type:
Multi-Family Mix Building
Subtype:
Apartment Building, Development Site
Zoning:
A-2
Price/Unit:
$250,000
Units:
4, Each w Private Entries
Parking:
Multiple Parking Spaces in Level Open Area, Dirt, Concrete
Basement:
2,282 Sq Ft, Walk-out, 20' Tall Ceiling, Unfinished, Concrete Slab, Concrete Walls
Heating:
Gas, Forced Air
Net Rentable Sq Ft:
6,776
Stories:
4
Flooring:
Carpet, Hardwood, Tile, Concrete
Appliances:
Dishwashers, Dryers, Microwave Ovens, Refrigerators, Stove/Range/ Ovens, Washers
Interior Features:
Breakfast Bars, Ceiling Fans, French Doors, In-Law Floor Plan, Master Baths, Master Suites, Open Floorplan,
.:
Utility Sink, Vaulted Ceilings, Walk-in Closets, Window Coverings
Exterior Features:
Balcony, Covered Patio, Fence, Decks
Site Features:
Greenbelt, Ponderosa Pines, Lodge Pole, Douglas Fir
Views:
Mountain Views
Site Topography:
Level, Rolling, Wooded
Owner's Estimated Lot Size:
10.35+ Acres
 
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