29,959 SqFt
29,959 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 29,959 sqft
Price per Sqft $228
MLS Listing ID 7593092
HOA Y/N No
Year Built 1891
Annual Tax Amount $40,617
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
highly coveted Lower Highlands (LoHi) neighborhood. Built in 1891, the three-story brick building features a unique architectural character and a prominent corner presence, contributing to the dynamic, walkable fabric of the area.
The property consists of 28 residential units and one ground-floor retail space. Until recently, all residential units were governed by
affordable housing program restrictions, which have now expired — clearing the way for full market repositioning. This presents investors with the flexibility to modernize the apartments, increase rents to market levels, or pursue a redevelopment strategy that fully capitalizes on the site's location and zoning potential.
Location
State CO
County Denver
Zoning G-MS-3
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional, Price TBD
Listing Terms Cash, Conventional, Price TBD
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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