1805 Kipling StLakewood, CO 80215

For Sale
$2,200,000

Medical Office, Income Property, SBA Eligible

Overview

Added:
Feb 3
Days on market:
39
This exceptional 10,800 square foot office building, situated on a 0.91-acre lot at 1805 Kipling Street in Lakewood, Colorado's desirable Crown Hill submarket, presents a compelling investment opportunity. Currently 65% occupied, the property offers immediate income generation with existing leases featuring 3% annual escalations. A new owner or tenant can occupy between 2,531 and 7,051 square feet, with the flexibility to downsize to 40% occupancy to qualify for SBA financing by absorbing common areas. Recent upgrades include a new breezeway, roof, and skylights (2017/2018), and a new water heater (2023). The building boasts ADA accessibility on the first floor, an employee shower, and a large basement for file storage (not included in the rentable building area). Constructed of masonry, this property has a history of successful medical practitioner occupancy since 2009. The existing medical infrastructure, including specialized plumbing and reception areas, is readily adaptable for general office use. All common areas currently generate income and offer potential for increased tenancy. The provided proforma reflects income based on 65% occupancy. Strategically located between Downtown Denver and the western foothills, this property offers a unique blend of immediate income and value-add potential for both medical office users and investors seeking a high-demand location.

Property Details for 1805 Kipling St

Property type
Office properties, Other office properties
Square Feet
10,800 SF
Year Built
1976
Lot Size (sq. ft)
39,640 SF

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.74585
Longitude
-105.1106
1805 Kipling St, Lakewood, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1805 Kipling St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message