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2020 Arapahoe St

Denver, CO 80205
  • $439,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 959412
UPDATED: 52 min ago
$439,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

Price drop as of April 1st!Rare opportunity to own an investment property in the heart of Denver! Property currently consists of 172 storage units for hands off passive income. This commercial condo allows for flexibility of the space and could also make for a great for flex space in the heart of Downtown Denver. Formerly used as office space, this unit is currently as self storage and can be easily converted to office, flex or any desired use. Perfect for a print shop, call center, open office or gym concept. Convenient to business district, LoDo, 16th street Mall and Coors Field.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-07-01T08:40:40.44.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/126029847
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2020 Arapahoe St Denver, CO 80205

  • Price: $439,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 52 min ago
  • MLS #: 959412
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1983
Built
Neighborhood:
B"E"
County:
Denver
Area:
12 Denver Metro area
Property Description
Price drop as of April 1st!Rare opportunity to own an investment property in the heart of Denver! Property currently consists of 172 storage units for hands off passive income. This commercial condo allows for flexibility of the space and could also make for a great for flex space in the heart of Downtown Denver. Formerly used as office space, this unit is currently as self storage and can be easily converted to office, flex or any desired use. Perfect for a print shop, call center, open office or gym concept. Convenient to business district, LoDo, 16th street Mall and Coors Field.
Exterior Features

Construction Materials Block Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLevel Parking Features Alley AccessPaved Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Rubber Spa YN No View City Waterfront YN No

Interior Features

Basement Full Building Area Total 6752 Building Features Freight ElevatorStorage On Site Cooling Window Unit(S) Cooling YN Yes Flooring Concrete Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Professional/OfficeOther Commerical Cap Rate 5.88 Ditches Active YN No Electric Electric Gas Natural Gas Gross Income 76272 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Denver Net Operating Income 25815 New Construction YN No Operating Expense 50457 Possible Use Commercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Commercial Sale Includes Building(S)LeasesFixtures/EquipmentBusiness Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 13457 Tenant Pays Deposit Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Denver Zoning B"E"

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Luke Mcfetridge of Noble Venture: 970-692-1310.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-07-01T08:40:40.44.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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