8783 Spruce Mountain Road, Larkspur, CO 80118 - SOLD
$386,000

8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
8783 Spruce Mountain Road, Larkspur, CO 80118
About This Property

Baths
720 SQ.FT.
MLS# 5651285

Rare opportunity to purchase a standalone building right off I-25 with money generating signage potential - first building on your right from I-25. This building has so much potential as a turn-key office, restaurant (previous drive-through), medical, and so much more! Current use as a real estate office with conference area, two offices, bathroom, and storage area/kitchen. Please call/text/email for list of the MANY available uses by right or by special review! Opportunities like this at this price range are very rare! With easy access to I-25, this truly is an ideal location within a 30 minute drive to either Denver Metro or Colorado Springs, while still being surrounded by stunning views of forest, mountains, and the park!


Listing Provided by MODestate

Property Details

List Price:
$400,000
MLS ID:
5651285
Beds:
Baths:
0
Living Area:
720 sqft
Status:
Closed
Town:
Larkspur
Property Type:
Commercial Sale
Price Per Square Foot:
$555.56
Taxes:
4,742

List Price:$400,000
Sold Price:$386,000
Sold Date:02/24/2022
Status:Closed
MLS ID:5651285
Town:Larkspur
County:Douglas
Zip:80118
Property Type:Commercial Sale
Property Sub Type:Retail
Living Area:720 sqft
Acres:0.17
Taxes:4,742
Architectural Style:Contemporary
Association Fee:$0
Buyer Financing:Cash
Building Area Total:720
Listing Contract Date:2021-11-24
Lot Size Square Feet:7,405.2
Carport Spaces:0
Lease Amount:$2,500
Parcel Number:R0492424
Directions:Take Spruce Mountain Exit from I-25. First building on your right - that's it!
Current Use:Office
Electric:110V, 220 Volts
Year Built:1924
Tax Year:2020
Leasable Area:720
Existing Lease Type:NNN
Listing Terms:Cash, Conventional
Year Built Effective:2020
Exclusions:Sellers personal property including furniture and storage container.
Lot Size Area:0.17
Number Of Units Total:1
Original List Price:$450,000
Road Frontage Type:Public
Possession:Closing/DOD
Lot Size Units:Acres
Parking Total:15
Water Source:Public
Zoning:Business
Roof:Composition
Road Surface Type:Gravel, Paved
Sewer:Public Sewer
Utilities:Electricity Connected, Internet Access (Wired), Natural Gas Connected
Building Features:Wi-Fi
Lease Considered?:Yes
Number Of Units Vacant:1
Association Fee 3 Annual:0.00
Building Class:Class B
Cap Rate Calculation:See projected income/expense. Likely 6-7%
Commission Modified:NA
Contract Earnest Check To:Land Title
Contract Min Earnest:5000.00
Green Verification Count:0
Income Sale Type:Either
Offstreet Spaces:15
Parking Count:1
Ppa:2270588.24
Projected Annual Expense:$3,000
Projected Annual Net Income:$27,000
Projected Gross Income:30000.00
Psf Total:536.11
Rent Quoted Per:Per Month
Showing Email:phillip.bicker@gmail.com
Submitted Prospect Yn:No
Tenant Count:0
Title Company:Land Title
Unit Count:0
Water Included Yn:Yes
Road Responsibility:Public Maintained Road
Showing Contact Phone:303-573-7469
Structure Type:Free Standing

Listing Courtesy of: MODestate
Listing Agent: Phillip Bicker
303-250-5090

Map of 8783 Spruce Mountain Road, Larkspur, CO 80118


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REcolorado® data last updated on March 28, 2024 10:32 AM

Based on information submitted to the MLS GRID as of March 28, 2024 10:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Property Last Updated: May 10, 2023 02:24 PM