Wheat Ridge, CO 80033,9495 W 49th AVE
Wheat Ridge, CO 80033,9495 W 49th AVE
Wheat Ridge, CO 80033,9495 W 49th AVE
Wheat Ridge, CO 80033,9495 W 49th AVE
Wheat Ridge, CO 80033,9495 W 49th AVE
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$2,000,000

$3,200,000

37.5%
Est.Price: ?

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Est. payment /mo

0.75 Acres Lot


SOLD DATE : 12/13/2023

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4147930

Sold Date 12/13/23

Style Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 2000

Annual Tax Amount $5,337

Tax Year 2022

Lot Size 0.750 Acres

Acres 0.75

Property Description

9495 and 9515 West 49th Avenue for sale as a package. These two side-by-side wood frame residential-style commercial group homes were constructed originally as Beehive Homes-the former Verandas Wheat Ridge assisted living facilities, licensed until recently for 16 beds each or 32 beds total, configured with 11 units each laying out as 5 shared and 6 private rooms each. Each unit has a half-bath vanity and toilet, with two shared shower-bathing rooms and a laundry. There are a total of 11 half-baths and 2 full bathrooms. 9495 W 49th retains the original 2-car attached garage, while the garage for 9515 W 49th was converted into a large activities room. Both buildings share a secured, fenced courtyard and a 32,500 square foot lot so they could be good for dementia-Alzheimers residents. The roofs were both replaced in 2017. The exteriors of both buildings have been well-maintained. The interior of 9515 was updated in recent years, but the interior of 9495 has not been updated recently. R-C Restricted Commercial zoning through Wheat Ridge. Could potentially be a residential group home or residential recovery home based on the design, layout, and zoning. Medical office use is also allowed. A good location and modern design of side-by-side assisted living facilities are also suitable as a group home. The sellers are selling because their tenant-operator lost their license due to operational issues. New buyers could resume assisted living facility use with new CDPHE license or start an alternative use such as a group home (9+) per Wheat Ridge Zoning (verify independently).

Location

State CO

County Jefferson

Zoning R-C Restricted Commercial

Interior

Fireplace N

Exterior

Parking Features Asphalt, Circular Driveway, Concrete

Garage Spaces 2.0

Roof Type Composition

Total Parking Spaces 10

Garage Yes

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Short Sale

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REColorado (REColorado MLS)
Listed by Engel & Volkers Denver • 720-692-6563
Bought with Engel & Volkers Denver
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