3870 Elm StDenver, CO 80207

Property Details for 3870 Elm St

Year built

1961

Lot size

0.52 AC

Property size (Sq ft)

14,500 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This Denver, CO industrial property offers a compelling investment opportunity. The 14,500 square foot Class C warehouse, built in 1961, sits on a 0.52-acre lot and features four loading docks, 12-foot ceilings, and floor drains. Currently 100% occupied by two tenants, with one lease expiring March 31, 2025 (6,000 SF, currently leased 25% below market), and the other on a month-to-month basis (8,500 SF, currently leased 20% below market). The property boasts a strong NOI of $93,900 and is zoned I-MX-3. Additional features include a fenced yard (over 2,500 SF), multiple drive-in doors (one 8'x9', one 12'x10', and two 9'x9'), and a dock platform. The asking price is $2,350,000 ($162.07/SF), with potential for owner financing. The 8,500 SF space could be available to an owner-user within 30 days. This is an excellent opportunity for an owner-user seeking immediate income potential or an investor looking for a strong return. The property is located at 3870-3880 Elm Street, Denver, CO 80207.

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.771

Longitude

-104.929

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

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.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].