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$2,800,000
0
Beds
0
½ Baths
7,432
Sq Ft
1946
Built

7172 West 38th Avenue
Wheat Ridge, CO 80033

Barths – Jefferson County
Multi-Family For Sale
Active – a month online

The Gallery@38th is a 2 story, quaint, brick building recently converted in 2017 into 7 distinctly designed, short-term residential/ vacation rental units above and 3,850 sq ft of neighborhood storefront retail units on the 1st floor. The ground floor consists of approximately 3,850 sq ft of vacant retail space, divided into 2 units, with the ability to further demise into 3 small units. The space is perfect for a brewpub, coffee or ice cream/yogurt shop or neighborhood retail offering a significant value-add opportunity for the next owner. The space is ideal for uses designed to complement the cultural and artsy neighborhood feel of the Wheatridge Main Street District. There is tremendous upside in the value of the property by leasing the ground floor space, increasing the income by an estimated $84,700 per year. Tenants and business have access to an array of financial incentives and programs through Wheatridge Economic Development Department, www. ridge38.com/business-resources

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Recent Activity
a month agoListing updated with changes from the MLS
a month agoListing first seen online
Listing Snapshot
Price
$2,800,000
Days Online
35 Days
Bedrooms
N/A
Bathrooms
N/A
Half Bathrooms
N/A
Inside Area (SqFt)
7,432 sqft
Lot Size
0.13 Acres
Year Built
1946
MLS Number
2758181
Property Tax
$10,433
HOA Fees
N/A
Sq Ft Source
N/A
General Features
Construction
Brick
Construction Methods
BlockBrickConcrete
Income Type
Low Rise (all units)
Lot Size
0.13
Seller Type
Corporation/Trust
Style
Multi-Story
Additional Information
1031 ExchangeIncome History AvailableIncome PotentialQuick Move-InQuick PossessionTenant Occupied
Interior Features
Cooling
Air Conditioning-IndividualEvaporative Cooler (Swamp)
Heating
Hot Water
Exterior Features
Exterior
PatioRooftop Patio
Roof
Built-Up(Tar & Gravel)
View
City ViewMountain View
Community Features
Site
Near Public Transit
Schools
School District
Jefferson County R-1
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy Of: Pinnacle Real Estate Advisors



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