CO > Denver > City Park
Denver, CO 80218,1721 N High St
Denver, CO 80218,1721 N High St
Denver, CO 80218,1721 N High St
Denver, CO 80218,1721 N High St
Denver, CO 80218,1721 N High St
Denver, CO 80218,1721 N High St
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Liz Kozar

Liz Kozar

+1(970) 775-0025
$ 2,000,000
Est. payment | /mo

6 Beds

3 Baths

8,767 SqFt

Save
$ 2,000,000
Est. payment | /mo
Save

6 Beds

3 Baths

8,767 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 8,767 sqft

Subdivision City Park

MLS Listing ID 2096717

Bedrooms 6

HOA Y/N false

Abv Grd Liv Area 8,767

Year Built 1894

Annual Tax Amount $42,962

Property Sub-Type Income Property

Source REcolorado

Property Description

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 9,000 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/

Location

State CO

County Denver

Area Metro Denver

Zoning G-RO-3

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 8.0

Roof Type Composition

Handicap Access Level Lot

Building

Lot Description Level

Story 2

Sewer City Sewer, Public Sewer

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Cole Arts And Science Academy

Middle Schools Bruce Randolph

High Schools East

School District Denver 1

Others

Senior Community false

SqFt Source Appraiser

Information and Real Estate Services (IRES)
Listed by Erik Carman • Compass - Denver • [email protected],720-663-8999
agent-avatar

+1(970) 775-0025

[email protected]

457 East Wonderview

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