Listing Courtesy of: alexis@rentgrace.com - Alexis Myers - GRACE MANAGEMENT & INVEST.
720-326-8093
$1,500,000
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3002 W 23rd Avenue Denver, CO 80211
Retail
Residence
Beds
Baths
...
Bed/Bath
4,655
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
5766085
Property Type
Retail
Year Built
1926
Square Feet
4,655
sq. ft
Lot Size
0.24
Sewer
Public Sewer
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