Listing Saved
Email Sent

Conifer Investment Portfolio

11851 Highway 285 11855 Highway 285 : Conifer, CO 80433

Jefferson County, Colorado

1.76 Acres
$1,200,000 USD
Create a FREE Property Buyer Profile or sign in to save this property. DISMISS

Property Description

This outstanding commercial and residential investment portfolio, located along a major highway corridor in Conifer Colorado, is now being offered. One property is a residential duplex with excellent rental history. The neighboring property is currently an automotive shop that is available for an owner/ user to immediately move in and build a bustling business or, lease for additional income. LandBoth properties are neighboring, have their own addresses and parcels, and share a dedicated drive that is accessed from both directions on Highway 285. The Duplex sits on over half of an acre with a large backyard surrounded by pine and aspen trees. The automotive shop sits on a little over one acre and the northern portion of the property has beautiful rock outcroppings with pine and aspen trees and another level building site for storage or business expansion.

ImprovementsThe duplex was built in 1954 and remodeled in 2006 with an up/down configuration. The lower unit Unit A features 1 bedroom and 1 bathroom with its own access and enough room to build in another bedroom. The upper unit Unit B features 3 bedrooms and 1 bathroom, also with its own separate access. There is a shared laundry room for the duplex with outside access and coin operated machines could be added for additional income. Both units are metered separately. This a rare opportunity to own a multifamily investment property in an area that is mostly comprised of million dollar mountain homes.

The 4-bay automotive shop is a metal sided and metal roofed 2,768 sf building with each bay having a dedicated garage door and signage right off of Highway 285. The shop offers a generous customer waiting area with customer counter and ADA restroom, private office, storage rooms, employee restroom and is hard-piped for airlines throughout the production area. The high bays in the shop allow for great clearance for lifts and taller vehicles. There are flat and slightly sloped areas on the property that can accommodate additional parking and storage. Lease property for instant income or reimagine it into any use your heart desires.

General OperationsThis is it A diversified investment portfolio in a gorgeous setting just 35 minutes from Denver on a high traffic route with highway frontage. The duplex is fully leased and has professional property management in place for hassle free income. The shop is ready for an owner-user or can be leased for the more hands-off investor. Both properties have solid rental history and this rare opportunity for a diversified investment won't last long.

Directions to Property

From Denver, take Highway 285 Southwest approximately 35 miles. Property has its' own dedicated drive directly off of Highway and can be accessed going either direction on Highway 285.

Home Details

4 Bedrooms
2 Bathrooms

More Property Details

Has Residence / Home
COMMERCIALFLIP ID
291643
MLS / Internal / Other ID
100757
Posted on COMMERCIALFLIP
32 Days Ago
Last Updated
27 Days Ago
Views
12
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.