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9495 W 49th AVE Wheat Ridge, CO 80033
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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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Engel & Volkers Denver
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