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3360 Navajo Street, Denver CO 80211

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$1,625,000

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Property Description

***THIS PROPERTY MUST BE SOLD WITH 3358 NAVAJO ST.*** ASKING PRICE IS FOR BOTH PARCELS BOTH PROPERTIES - 2 Lots for sale located directly on the corner of N Navajo St. & W 34th Ave in the Denver Highlands. Combined lot size allows for 2+ units to be built on this beautiful corner in the center of one of Denver's hottest neighborhoods. Current Net Operating Income totals $69,019 giving this property a 4.24% CAP rate, allowing a stable cash flow while going through entitlements and planning with the city. Properties of this size and location do not trade hands often, do not miss your chance to plant a flag in one of the fastest growing neighborhoods in the country! 3360 N NAVAJO - This well performing bar has been a staple to the Denver Highlands neighborhood for some time now. With 4 years remaining on the lease and a current NOI of $42,984, this property has the ability to cash flow while bringing development plans through the city. This corner unit also has a zoning permit t

General Features

MLS: 4801098Status: Sold
Sold Date: 04/03/2023Total SqFt: 1,675ft²
Acreage: 0.06 acresLot Size: 2,710ft²

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Property Database Last Updated: September 27th 2024 02:55 AM

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