3000-3014 W 23rd Ave - Storefront FOR SALE


Denver, CO 80211
$1,500,000 USD
303-255-1990
3000-3014 W 23rd Ave, Denver, CO for Sale
$1,500,000 USD
Storefront - FOR SALE
1/10
null | 5.85% Cap Rate

Sep '25


3000-3014 W 23rd Ave
Denver, CO 80211


HIGHLIGHTS

  • Heavy Traffic
  • Parking Lot
  • Rental Growth

OVERVIEW

This property is in a busy location off of W. 23rd Ave and Federal Blvd. The property is currently 100% occupied with 4 tenant spaces- a bakery, an accountant, a salon. and a gym. There is a parking lot adjacent to the building with 12 spaces. The tenants have been there long-term and have room to grow the rents towards the current market rents. This property has an estimated CAP rate of 5.85% or better if rents are brought up to market. Leases are set to expire this year. One is expected at the end of August and the others by the end of December 2025. This building is located in the Witter-Cofield Historic Neighborhood.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,385 SF

ZONING

B-2

APN/PARCEL ID

2322-24-021

ASK ABOUT THIS PROPERTY

Alexis MyersGrace Management & Investment Corp.More Info
303-255-1990

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Alexis MyersGrace Management & Investment Corp.More Info
303-255-1990

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