A two-day auction is set to begin on June 6 for a just over 43,000 square foot healthcare building in Louisville, Colorado.
Located at 1107 W Century Drive on what was just a decade ago a vacant site, the modern two-story structure was built in 2016 and sits on a 2.6-acres on the west side of Louisville.
The building currently houses the Flatirons Health & Rehab, a service providing both extended care and short-term patient rehabilitation for patients challenged with such issues as strokes, cancer, and general debility, among other things.
The building includes offices, dining space, and recreation area space.
Situated in a tree-lined neighborhood populated with office buildings and apartment complexes, the 1107 W Century Drive property is classified as a Class B structure.
The property is being listed with Benchmark Commercial Real Estate of Denver. Starting bid for the building is $2.8 million.
Unlike other cities in the metro Denver area, Louisville has experienced marginal population growth in the last two decades, increasing from 18,900 people in the year 2000 to just over 21,200 in 2020.
Commercial property prices in Louisville, meanwhile, have gone from $189 per square foot in 2018, to around $220 as of last year.
By Garry Boulard
