USACODenverCity Park1721 N High St
1725 - 1721 N High St, Home with 2 bedrooms, 0 bathrooms and null parking in Denver CO | Image 1
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$2,000,000

1725 - 1721 N High St, Denver, CO

Real Estate

For Sale

$--,---,---
200
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7845 sqft
Garage Yes
Taxes $42,962
Days Active 0
Lot Size 
Approx. Age 1894
Avg. Price Per Sqft $254
MLS® Number 2096717

Property Address: 

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

Description

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.Show Description
MLS® Number2096717
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1894
BasementPartially Finished
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air
Heating Fuel

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