5978 W 29th Avenue Wheat Ridge, CO $ 2,700,000
5978 W 29th Avenue
$ 2,700,000
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5978 W 29th Avenue

Wheat Ridge, CO, 80214
$ 2,700,000
Bedrooms-- Baths-- Sq 8,932

Monthly Estimate*

$ 16,844

Listed by NorthPeak Commercial Advisors, LLC
5978 W 29th Avenue, Wheat Ridge, CO 80214 - Image 1
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Commercial Property for sale in Wheat Ridge, CO

for $2,700,000. This 8,932 square foot building was built in 1962 on a lot size of 0.46.

5978 W 29th is a well maintained 11 unit located in one of the hottest submarkets of Denver. Tenants are drawn to this A+ location for easy access to Sloan’s lake for a park day or shopping and dining on 29th just steps away. The area has seen significant development from nearby townhomes to retail at Edgewater public market. The building consists entirely of 2Bd/1Ba units with a few premium units featuring private balconies. There have been extensive recent improvements to major systems including roof (2018), electrical panels with permits (2020), laundry machines, parking lot, and landscaping. For the right investor, this is an opportunity to buy a clean deal in a strong location that will continue to improve over time.

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Commercial Active

Price

$ 2,700,000

Property Type

Commercial

Taxes

$ 12,714

Style

Lot Size

0.46

Year Built

1962

Town/City

Wheat Ridge

County/Region

Jefferson

MLS | Web ID

3606499

Features
General
Sewer Public Sewer
Garage Spaces 0
Year Built 1962
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 218189
County Jefferson
Operating Expense 63414
Property Type Commercial Sale
Attached Garage N
Status Active
City Wheat Ridge
Number Of Units Total 11
Lot Size Units Square Feet
Lot Size Square Feet 19994
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 12714
Standard Status Active
Cap Rate 5.7
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Exterior
Total Parking 0
Lot Size Area 19994
Building Area Total 8932
Lot Size Acres 0.46
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Internal Only
Street Number 1 5978
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* Excluded Features
List By
Northpeak Commercial Advisors, Llc

Broker

(303) 903-9638

Phone

Affordability Calculator

$17,904
Per Month
94%
6%
0%
Monthly Principal & Interest
$16,844
Monthly Property Taxes
$1,060
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2025$2,700,000 Listed Price

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5978 W 29th Avenue, Wheat Ridge, CO, 80214 is a Commercial Property for sale at $2,700,000 with 8,932 sqft and a lot size of 0.46. 5978 W 29th Avenue was built in 1962. The property's zip code is 80214 which is in Wheat Ridge, CO