1721-1725 N High St
Denver, CO 80218
2 Beds-- Bath7,845 Sq Ft1 Day on Market
For Sale $2,000,000
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Courtesy of Compass - Denver
Listing Agent & Comments
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.
MLS# 2096717 • Data provided by IRES
Living Area | 7,845 Sq.Ft. |
---|---|
Lot Size | -- |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | -- |
Stories | 2 |
Year Built | 1894 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by IRES.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
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HouseCanary, Inc. Brokerage
1721-1725 N High St., Denver, CO 80218
Multifamily2 Beds-- Bath7,845 Sq Ft1 Day on Market
Listing Agent & Comments
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.
MLS# 2096717 • Data provided by IRES
Living Area | 7,845 Sq.Ft. |
---|---|
Lot Size | -- |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | -- |
Stories | 2 |
Year Built | 1894 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by IRES.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,000,000
Save
Courtesy of Compass - Denver
1721-1725 N High St
Denver, CO 80218
2 Beds-- Bath7,845 Sq Ft1 Day on Market
Listing Agent & Comments
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.
MLS# 2096717 • Data provided by IRES
Living Area | 7,845 Sq.Ft. |
---|---|
Lot Size | -- |
Total Rooms | -- |
Bedrooms | 2 |
Bathrooms | -- |
Stories | 2 |
Year Built | 1894 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by IRES.
This property is missing data for:
Comparable properties, forecast, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,000,000
Save
Courtesy of Compass - Denver