For Sale
$2,790,000
1755 Broadway Denver, CO 80210
High-yield Denver multifamily & retail
Leaflet | © OpenStreetMap contributors
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- Exceptional mixed-use investment opportunity in Denver, CO with a 7.01% cap rate and $195,646 NOI.
- 7,192 SF building on a 9,373 SF lot, renovated in 2022, with 13 tenants (11 apartments, 2 retail) at 100% occupancy.
- Nine apartment units fully renovated in 2022, including kitchens and appliances; new storefront planned for 2024.
- 12 parking spaces and a coin laundry adding ~$200/month supplemental income.
- U-MS-5 zoning allows for rent increases; high-visibility location on South Broadway in a rapidly growing area.
Property Details for 1755 Broadway
- Property type
- Retail properties, Mixed-use properties
- Square Feet
- 7,192 SF
- Year Built/Renovated
- 1961/2022
- Buildings
- 2
- Stories
- 2
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.6847127
- Longitude
- -104.9877515
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Denver multifamily & retail
- Where is the retail property located?
- The property is located at 1755 Broadway Denver, CO.
- What is the asking price?
- The asking price for this property is $2,790,000.
- What are key features of this property?
- This property features: Exceptional mixed-use investment opportunity in Denver, CO with a 7.01% cap rate and $195,646 NOI.; 7,192 SF building on a 9,373 SF lot, renovated in 2022, with 13 tenants (11 apartments, 2 retail) at 100% occupancy.; Nine apartment units fully renovated in 2022, including kitchens and appliances; new storefront planned for 2024.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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