1540 N Emerson St - Office/Residential FOR SALE


Denver, CO 80218- Uptown Denver
$1,350,000 USD
303-358-9337
1540 N Emerson St, Denver, CO for Sale
$1,350,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

1540 N Emerson St
Denver, CO 80218
Uptown Denver


HIGHLIGHTS

  • Property is currently a shell and 100% vacant.
  • Lot size of 14,500 square feet with zoning for 3 stories.
  • Half a block from Colfax Corridor in Capital Hill.
  • 29 paved on-site parking spots.
  • Favorable tax status.
  • Large lot 100' x 145'

OVERVIEW

This 8,231 SF brick facility has been totally gutted for asbestos removal, which to my knowledge has been completed with full paperwork available. The lot is 14,500 SF with G-RO-3 zoning, which allows residential and office uses in a residential area - up to three stories. Less than one block from Colfax. A recent death of one of the partners is forcing a quick sale with a substantial price reduction from $1.6 m to $1.35 m. Currently the building is in "shell" condition. Current land price is $93.10 psf.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,500 SF

ZONING

G-RO-3

APN/PARCEL ID

2354-25-051,2354-25-052

ASK ABOUT THIS PROPERTY

Nicholas SchillPinnacle Real Estate AdvisorsMore Info
303-358-9337

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Nicholas SchillPinnacle Real Estate AdvisorsMore Info
303-358-9337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.