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3215-3225 E 42ND AVENUE Denver CO 80216-4100

[Locked] • APN 02244-08-016-000

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Details
Property Type Industrial
Sub Type R&D
Building SqFt 33,194
Lot SqFt 47,376
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code I-A
Year Built 1958
Building Count 1
Opportunity Zone Yes
Lease Term ******
Mortgage Amount ******
Mortgage Term ******

Property History

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Property Type
Property Type
Industrial
Property Subtype
R&D
Marketing Description
This is an opportunity to purchase a state of the art lab and extraction facility. Purchase includes existing tenants, lab/clean room infrastructure and new leases with income in place. This is a rare purchase opportunity as the property has licenses in place for both CBD and THC products. The property has undergone large remodel projects which have provided the needed infrastructure and lab upgrades required for licensing. The property is in excellent condition and has an appealing aesthetic with brick accents, high ceilings, exposed beams and a beautiful barrel roof structure. There is approximately 5,000 square feet of vacant space that will be available for an owner use or for additional income.

Property is located in the very active Elyria Swansea neighborhood in Denver, Colorado. Elyria Swansea is located between the Rino and Park Hill neighborhoods.

The property has quick and easy access to I-70, Colorado Boulevard and the River North and Park Hill neighborhoods.

This property was originally the Safeway Ice Cream factory, which featured cold storage, food processing and distribution facilities. The property has since been updated and now features fully remodeled office areas, lab spaces, clean room and food processing facilities. The property shows some nice architectural designs and features from the original use throughout. This asset boasts many different benefits such as flexible loading options, with drive in and dock high loading, varying ceiling heights and ample power options. The upgrades satisfy all licensing requirements needed to operate a successful extraction and distribution operation.

Property is located in the very active Elyria Swansea neighborhood in Denver, Colorado. Elyria Swansea is located between the River North and Park Hill neighborhoods. The property has quick and easy access to I-70, Colorado Boulevard and the River North and Park Hill neighborhoods. There are numerous restaurant, retail and shopping options in the area and the airport is approximately 25 minutes away.

The property borders 42nd Avenue, Steele Street and the Light Rail Line. The light rail station is within walking distance. The property is located just south of I-70 with easy access to east and west bound exits. The site features a fenced yard/parking area as well as open parking and truck bay parking areas.

The exterior of the property is primarily a brick exterior with glass windows and roll up doors. The property features a fenced parking lot, open parking and sidewalks bordering the property.

The property is a mix of office space, open warehouse space, lab, extraction areas and food production and storage areas. The office is carpeted and the warehouse has concrete finished flooring.



Investment Highlights
  • Industrial Investment
  • Desirable Location
  • In-Place Income
  • Rare Licensing in Place
  • Strong Credit Tenants
  • Fully Remodeled and upgraded Lab and clean room facilities.
  • High Level Food production build-outs
  • MIPs approved property
  • Industrial Investment
  • Desirable Location
  • In-Place Income
  • Rare Dual MIP CBD and THC Licensing in Place
  • Strong Credit Tenants
  • Commercial kitchen infrastructure
  • Cold Storage capabilities
  • Perfect for food production and distrobution
  • Dock High Loading and Drive in Loading
  • Barrel roof
  • Fenced yard/parking lot
  • Ample street parking
  • Close to shops and restaurants
  • Two blocks from I-70 East and West bound access
  • Flexible Timing
  • Potential for Owner User after 3 years
  • 2 Dock High
  • 2 Drive In loading 12'x16'
  • 1 Oversized Double man door
  • 3 phase, 4000a, 480v to be verified by Electrician
Sale Date
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
PF
Pete Foster
•••.•••.1718
•••ster@•••••••••••••••••.com

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