2655 S Broadway

    Denver, CO 80210
    • $1,500,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 4001599
    UPDATED: 48 min ago
    $1,500,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 5,317
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Smith Homes Llc.

    Description

    Incredible development opportunity on Broadway zoned U-MX-3. This is an investors dream to keep cash flowing the current leases while you create plans for future development. On this parcel there is a Saloon and a Tire Shop generating solid rent rolls close to a 6% Cap Rate. This is truly the first corner lot when you are driving from Englewood into Denver. This property is being sold with 2689 S Broadway, Denver, CO 80210, MLS # 8924842. All together this is 254 feet frontage on broadway and it sits on a 31,199 square foot lot or .72 Acres. Please check with Denver zoning for allowed uses. https://www.denvergov.org/content/dam/denvergov/Portals/646/documents/Zoning/DZC/Denver_Zoning_Code_Article5_Urban.pdf

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/86637033

    2655 S Broadway Denver, CO 80210

    • Price: $1,500,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 4001599
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.29
    Acres
    5,317
    SQFT
    $282
    $/SQFT
    1931
    Built
    Neighborhood:
    Overland
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Asbury
    Middle School:
    Grant
    High School:
    South
    School District:
    Denver 1
    Property Description
    Incredible development opportunity on Broadway zoned U-MX-3. This is an investors dream to keep cash flowing the current leases while you create plans for future development. On this parcel there is a Saloon and a Tire Shop generating solid rent rolls close to a 6% Cap Rate. This is truly the first corner lot when you are driving from Englewood into Denver. This property is being sold with 2689 S Broadway, Denver, CO 80210, MLS # 8924842. All together this is 254 feet frontage on broadway and it sits on a 31,199 square foot lot or .72 Acres. Please check with Denver zoning for allowed uses. https://www.denvergov.org/content/dam/denvergov/Portals/646/documents/Zoning/DZC/Denver_Zoning_Code_Article5_Urban.pdf
    Exterior Features

    Architectural Style Denver Square Construction Materials Metal SidingStucco Construction Methods BrickConcreteFrameStructural Steel Distance To Bus 1.00 Distance To Light Rail 6.00 Lot Depth 124.00 Lot Width 102.00 Parking Covered Parking (6 Spaces) Parking Features Driveway-AsphaltOversized DeepOversized DoorOversized WidePit Parking Total Searchable 44 Road Surface Paved Road Roof Composition ShinglesRolled RoofingUnknown Site Features Near Public Transit Storage Units Number Of 0 Structural Style Ranch/1 Story Style Characteristics Side-By-Side Unit Access CorridorCourtyardExterior AccessGarden Level View City ViewMountain View

    Interior Features

    Basement Finished YN Yes Basement Floor Type Slab Basement Percent Finished 100 Basement Size Full Basement Type Cellar Cooling Air Conditioning-IndividualEvaporative Cooler (Swamp) Flooring ConcreteLaminateTile Floor Heating Forced Air Heating Fuel Gas Kitchen Appliances Range HoodRefrigerator (Kitchen) Laundry Availability NoneW/D Hookups in Unit Laundry Location Ground Sq Ft Above 4117 Sq Ft Basement 1200 Sq Ft Finished 4117

    Property Features

    Additional Information Income History AvailableIncome Potential Annual Expense Actual 13000 Annual Expense Proj 13000 Annual Income Actual 67200 Annual Income Proj 73800 Annual Net Income Actual 54200 Annual Net Income Proj 60800 Building Area Source County Records Building Type Triplex (All Units)Low Rise (All Units) Business Type Auto/Truck RelatedBuilding TradeBusiness/Professional ServicesMixed UseRetailSalon Capitalization Rate 4.10 Has Hoa YN No Listing Financing CashConventionalExchangePrivate Financing Number Of Units Vacant 0 Owner Paid Utilities None Potential Rental Income Annual 73800 Reports Available LeasesLegal DescriptionP And L AvailableProfit/Loss StatementRental Average Seller Type Corporation/Trust Site Type Live/Work (Mixed Use) Status Conditions None Known Tax Amount 12871.00 Tax Year 2017 Transaction Type For Sale Unit Count 0 Zoning U-Mx-3



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    1740 High St
    Denver CO, 80218
    Offered by Smith Homes Llc.