391 Grant StDenver, CO 80203

Property Details for 391 Grant St

Lot size

0.14 AC

Property size (Sq ft)

6,250 SF

Zone code

U-MX-3

Property type

Commercial real estate

APN

05101-10-027-000

APU

510110027000

Description

This exceptional Capitol Hill property presents a rare opportunity for businesses seeking a versatile space in a prime Denver location. The single-story, 760-square-foot warehouse building, constructed in 1968, sits on a substantial 12,500-square-foot lot. The entire 760 square feet is currently vacant and ready for immediate occupancy. The property features one drive-in door, providing convenient access for loading and unloading. Its U-MX-3 zoning allows for a wide range of commercial uses, offering flexibility for various business types. The expansive lot offers ample space for parking, outdoor storage, or potential expansion. Located in the heart of the vibrant Capitol Hill neighborhood, this property benefits from excellent access to downtown Denver, major transportation arteries, and public transit. This unique combination of building size, lot size, and location makes this an exceptional investment opportunity in a highly desirable area. The property's central location ensures easy access to a diverse workforce and a thriving customer base. The large lot provides significant potential for future development or expansion, making it an ideal choice for businesses seeking growth and visibility. This is a truly unique offering in a highly sought-after Denver neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,519,980

  6.5%

  $1,403,060

  7%

  $1,302,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $516,375

  Geo Method

  $516,375

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,945,560

  Retail / Commercial

  $1,474,590

  Mixed-Use / Specialty

  $1,441,070

  Hospitality / Lodging

  $1,020,460

  Office

  $1,403,060

  Institutional / Educational

  $1,488,020

  Residential Income

  $1,740,990

  Multifamily

  $2,244,770

  Automotive / Energy

  $1,275,450

  Parking / Income-Based Land

  $468,072

  Restaurant / Food Service

  $689,178

  Healthcare / Senior Housing

  $1,506,780

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7223

Longitude

-104.984

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].