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

Garage Asphalt, Circular Driveway, Concrete

Garage Spaces 2.0

Roof Type Composition

Parking Type Asphalt, Circular Driveway, Concrete

Total Parking Spaces 10

Garage Yes

Building

Story 1

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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8300 E Maplewood Ave Ste 100, Village, CO, 80111

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