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1571 Race Street, Denver CO 80206

$800,000
3 Bedrooms , 3 Bathrooms

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Property Description

Amazing City Park West Denver Victorian home impeccably maintained with historic wood work, fireplaces and charm on a great block, hugging both Colfax & 17th Ave Restaurant Row. Huge 6,661 sq.ft. G-RO-3 Zoned Lot with huge income potential. 7 marked user-friendly Race Street private fenced and driveway accessed PARKING behind the building. Main floor has 2 spacious offices with 'dining' area & front room that could serve as reception/waiting area or simply another office plus XL copier/storage room. Upstairs has 4 offices, one with an enclosed sunroom. Finished basement has 1000 sq ft. finished usable space with private SIDE entrance that could be leased as hourly/daily conference space or could be a separate tenant all together for higher income potential. Every floor is served with a bathroom. Currently owner uses entire main floor so there is immense potential to increase income. Projected cap rate as an investment owner is 7%. This special and unique property is a rare find!

General Features

MLS: 4950711Status: Sold
Sold Date: 08/19/2019Bedrooms: 3
Baths: 3Total SqFt: 3,109ft²
Finished SqFt: 3,109ft²Above Ground SqFt: 2,110ft²
Acreage: 0.15 acresLot Size: 6,661ft²

School Information

District: Denver 1
Elementary: Cole Arts And Science Academy
Middle: Wyatt
High: East

Walking Score

Property Database Last Updated: June 2nd 2024 02:55 AM

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