Homes for sale - 3002 W 23rd AVE, Denver, CO 80211

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Seth Williams

seth@castlecoach.com +1(303) 994-9799

$ 1,500,000

Est. payment | -/mo

10,454 Sqft Lot

Save

$ 1,500,000

Est. payment | -/mo

Save

10,454 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5766085

HOA Y/N No

Originating Board recolorado

Year Built 1926

Annual Tax Amount $22,450

Tax Year 2023

Lot Size 10,454 Sqft

Acres 0.24

Property Description

This property is in a busy location off of W. 23rd Ave and Federal Blvd. The property is currently 100% occupied with 4 tenant spaces- a bakery, an accountant, a salon. and a gym. There is a parking lot adjacent to the building with 12 spaces. The tenants have been there long-term and have room to grow the rents towards the current market rents. This property has an estimated CAP rate of 5.85% or better if rents are brought up to market. Leases are set to expire this year. One is expected at the end of August and the others by the end of December 2025. This building is located in the Witter-Cofield Historic Neighborhood.

Location

State CO

County Denver

Zoning G-MX-3

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Wood

Total Parking Spaces 12

Garage No

Building

Lot Description Corner Lot, Historical District, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete,Wood Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by GRACE MANAGEMENT & INVEST. • alexis@rentgrace.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 994-9799

seth@castlecoach.com

7200 S. Alton Way STE B-200, CENTENNIAL, Colorado, 80112, USA

3002 W 23rd AVE Denver, CO 80211