5509 W Mississippi Avenue, Lakewood, CO, 80226
  • $725,000

Overview

Property ID: HZ4967737
  • ImprovedLand, Land
  • Property Type
  • 35794 Sq Ft
  • Area Size

Description

5509 W Mississippi Ave is a conveniently located Lakewood property with opportunities galore! This is NOT your typical land listing…there are currently five structures on the front side of the lot with the entire backside of the land open! With M-N-S (Mixed Use – Neighborhood – Suburban) zoning, this .82 acre lot has a lot more potential AND could be a consideration for a scrape and rebuild! Bring your ideas and vision to make the best use of this property. The four tenant occupied units each have recent capital improvements, individual fencing, and are income producing. The front house is a single family residence with 3 beds and 1 bath, the next is a home with 2 beds and 1 bath, and the final rented property is a duplex and each side has 2 bed, 1 bath units. All units share a newer gravel driveway for parking. This is a great opportunity for all types of investors; earn rental income now AND capitalize on the “lower-intensity neighborhood-scale commercial” opportunities! This central location is less than 10 minutes to Bel Mar or 6th Ave freeway and 15 minutes to I-25 or Downtown Denver. Strictly sold AS-IS.

  • Address: 5509 W Mississippi Avenue
  • City: Lakewood
  • State/county: Jefferson
  • Zip/Postal Code: 80226

Details

Updated on April 13, 2023 at 1:39 pm
  • Property ID HZ4967737
  • Price $725,000
  • Property Size 35794 Sq Ft
  • Land Area 1 Acres
  • Property Type ImprovedLand, Land
  • Property Status Active

Additional details

  • PropertySubType ImprovedLand
  • Subdivision Kelton Heights
  • Tax Year 2022
  • Parking Features Driveway, Gravel
  • LotSize SquareFeet 35794
  • LotSizeArea 0.82
  • LotSizeUnits Acres
  • HighSchool District Jefferson County R-1

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