4489 Grant St - Multi-Family FOR SALE


Denver, CO 80216
$700,000 USD
303-228-7807
4489 Grant St, Denver, CO for Sale
$700,000 USD
Multi-Family - FOR SALE
1/10
null | 5.15% Cap Rate

4489 Grant St
Denver, CO 80216


HIGHLIGHTS

  • Development Potential with Mixed Use Zoning
  • Fully Leased
  • 6 Off-Street Parking Spaces

OVERVIEW

Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market. With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

3

PRICE/UNIT

$233,333

CAP RATE

5.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4489 Grant St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1894

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,375 SF

ZONING

E-MX-2

APN/PARCEL ID

2221-33-029

ASK ABOUT THIS PROPERTY

Chris MittonPinnacle Real Estate AdvisorsMore Info
303-228-7807

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Chris MittonPinnacle Real Estate AdvisorsMore Info
303-228-7807

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