• DUDLEY ARVADA, CO 80002

  • 1,207 SqFt
  • Commercial / REO Foreclosure

Property Details for DUDLEY St, ARVADA, CO 80002

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

This is your opportunity to invest now before the City of Arvada completes the Ralston Rd improvement project and property values go up even further! If you're looking to grow the visibility of your business or start the business of your dreams, look no further. This office space, located in the heart of Arvada, is zoned Mixed-Use, Neighborhood (MX-N), and is in a prime location with direct access from Ralston Rd / 58th Ave. Along with this building's amazing location and flexible zoning, it has the potential to be utilized by several businesses. By utilizing the separate entrance to the basement, from the exterior, you could potentially rent out the basement to a separate business to provide cash flow. Additionally, the former 1-car garage has been converted to additional office or storage space and is not currently included in the county record square footage. Ralston Rd is a major east-west corridor through Arvada, with approximately 23,000 cars accessing it per day. Ralston Rd also feeds several major north-south roads, including Ward Rd, Wadsworth Blvd, and Sheridan Blvd. Population growth in Arvada is estimated at 15.5% since 2010. As the City of Arvada continues to widen Ralston Rd via the Ralston Rd improvement project, many of the businesses with parking lots on Ralston Rd will be severely impacted. Your parking spaces will not be impacted by these improvements which is a huge bonus! Additionally, when this project is completed, it will provide faster, easier access to the business. Please see the following link for the MX-N uses: https://arvada.org/city-hall/city-code/allowed-and-conditional-principal-uses/mixed-use-neighborhood

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