

Teller Place
Retail | Special Use | Office | 8,384 SqFt
Marketing description
New Reduced Price! Highly visible NE Corner Location on W 44th Ave and Teller, 8384 SF Bldg on .48 Acre FOR SALE. Currently, a religious org with offices, sanctuary has high ceiling, seats 80-100, and balcony area. Impressive entry with open atrium wide spiral staircase to 2nd floor. Numerous offices or retail areas, kitchen, 5 restrooms (1 ADA), 38 parking spaces, electric sign at corner.
Steel frame, reinforced concrete and masonry construction; Renovated 2019 including new roof. Great street/traffic exposure, individual identity, and easy access just East of Wadsworth (CO Hwy 121) to I-70 and I-76, Olde Town Arvada, RTD light rail, and close to shopping, restaurants, and bus lines. Midway between Downtown Denver and the mountains, ~15 minutes.
Many uses possible with R-C Restricted Commercial, Wheat Ridge zoning including Retail, Office/Medical Office, Special Use, Mixed Use, vet clinic, community services restaurant, daycare, school/religious, live-work, B&B. Single or Multi-Tenant. Can repurpose to residential on 2nd floor.
Lot Size: 20,908 SF. ~139’ (frontage) x 150’. Fenced area in rear ~1,000 SF.
Plenty of Parking: 38 spaces or 4.5/1000 sf.
$1,175,000 Price - $140/SF.
Investment highlights
For Investor or Owner Occupant. Single or Multi-tenant. Multiple uses allowed with zoning.
Seller may carry loan up to $600k.
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