USACODenver1721 N High St
1721 N High St, Home with 0 bedrooms, 0 bathrooms and 6 parking in Denver CO | Image 1
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$2,000,000

1721 N High St, Denver, CO

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $42,962
Days Active 0
Approx. Age 1894
MLS® Number 9127989

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Compass Inc. (“Compass”) and Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, are pleased to present to acquire the fee simple interest in 1721-1725 N High St, an 8, 500 SF mixed-use multifamily and office property in Denver’s highly walkable and historic City Park West neighborhood. 1721-1725 N High St (the “Property”) 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.Show Description
MLS® Number9127989
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1894
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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