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Denver,CO 80210
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5103281
Style Bungalow
HOA Y/N No
Originating Board recolorado
Year Built 1941
Annual Tax Amount $30,733
Tax Year 2021
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Special Purpose
Property Description
PRIME MIXED-USE PROPERTY IN CORY MERRILL - Perfect for Commercial, Residential, or Investment Use located on the corner of Clayton Street and Louisiana Avenue in Denver. This unique mixed-use property, nestled in the highly sought-after Cory Merrill neighborhood, offers a fantastic opportunity for investors or businesses looking to capitalize on prime real estate. With its generous 9,375 sq. ft. corner lot, the property includes three structures that combine commercial, business, and residential spaces, providing endless possibilities. Key Features include: prime location in an amazing neighborhood on a highly visible corner, multiple structures blending a mix of commercial and residential units, or could all be commercial, 10 dedicated parking spaces for tenants and clients, all three leases are month-to-month, with long-term tenants eager to stay, current rents below market rate, offering immediate upside potential with the possibility for rent increases to bring in market-value returns. Lastly, location, Location, Location: Situated in a dynamic, highly desirable area of central Denver with easy access to local amenities, dining, shopping, and transportation. This property is a tremendous opportunity for deal for investors looking for a multi-use property with income potential, businesses seeking prime commercial space with residential options and developers interested in expanding or reimagining the space.
This is a rare opportunity to own a well-located property in a vibrant Denver neighborhood with unlimited potential for growth and development. The current tenants love the space and are happy to remain, offering a steady stream of income while you explore the possibilities for future upgrades or changes.
Don't miss out on this exceptional investment in one of Denver's hottest neighborhoods! Please contact listing agent Kristen directly for Showings. 303-888-0904
Location
State CO
County Denver
Zoning E-MX-2
Interior
Fireplace N
Exterior
Parking Features Asphalt,Tandem
Utilities Available Cable Available,Electricity Connected
Roof Type Composition,Membrane
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Metal Siding,Wood Siding
Others
Acceptable Financing Cash,Conventional,Owner Will Carry
Listing Terms Cash,Conventional,Owner Will Carry