5990 W Bowles Avenue, Littleton, CO 80123

$1,750,000

Property Description

This 7.5 acre commercial stable and horse boarding operation has been in operation for over 20 years. The current operator is retiring and the property is now available for purchase. The property includes 7600 s/ft indoor arena building, turn out area, and revenue generating rental house. The rental house has 2 levels and 2 tenants, generating about $3200/mo in rental income. The stable generates approximately $23,000/mo in revenue. However, a recent study shows 50 horses at $500/mo is a much better option with lower expenses and higher profit at $300,000 per year gross income. Two parcels are included: Parcel A is the existing stable operation w residence, measuring 5 acres. Parcel B is a 2.5 acre turnout pasture. The property is zoned A-1 and is subject to Jefferson County Planning & Zoning rules. It is unlikely JeffCo would agree rezone. Residence and stable are connected to city sewer. Property sold As Is. Ideal location for an owner/operator/trainer. AIN/Parcel ID 59-241-00-012 Property Address 5990 W BOWLES AVE LITTLETON, CO 80123

Courtesy of Sanderson Commercial Real Estate

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