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1721-1725 N High Street, Denver, CO 80218

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For Sale

$2,000,000

7,845 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $254.94
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 8,000 SQF mixed-use multifamily and office property in Denver s highly walkable and historic City Park West neighborhood. 1721-1725 N High St presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is owner-occupied and represents the opportunity to add further rental income or reposition the space for resale. For investors, the asset offers flexible exit optionality whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices all within one of Denver s most desirable urban neighborhoods. Please Downlaod Offering Memorandum on Loopnet or contact listing broker. Loopnet: https://www.loopnet.com/Listing/1725-N-High-St-Denver-CO/37113593/
MLS# 2096717

Courtesy Of Compass

(303) 536-1786

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Rooms
    Basement

Home seller CENTURY 21 Prosperity

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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