Denver, CO 80218,1721-1725 N High ST
Denver, CO 80218,1721-1725 N High ST
Denver, CO 80218,1721-1725 N High ST
Denver, CO 80218,1721-1725 N High ST
Denver, CO 80218,1721-1725 N High ST
Denver, CO 80218,1721-1725 N High ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
24
Dec
Thu
25
Dec
Fri
26
Dec
$ 1,750,000
Est. payment | /mo

8,767 SqFt


Save
$ 1,750,000
Est. payment | /mo
Save

8,767 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,767 sqft

Price per Sqft $199

Subdivision City Park

MLS Listing ID 2096717

HOA Y/N No

Abv Grd Liv Area 6,550

Year Built 1894

Annual Tax Amount $42,962

Tax Year 2024

Property Sub-Type Duplex

Source recolorado

Property Description

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 9,000 SQF mixed-use multifamily and office property in Denver's highly walkable and historic City Park West neighborhood. 1721-1725 N High St presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is on an 18 month lease at $3750/mo. For investors, the asset offers flexible exit optionality—whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices—all within one of Denver's most desirable urban neighborhoods. Please Downlaod Offering Memorandum or contact listing broker. Loopnet:

Location

State CO

County Denver

Zoning G-RO-3

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Exterior

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Lot Description Level

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Cole Arts And Science Academy

Middle Schools Bruce Randolph

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Compass - Denver
Brian Sells

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 877-8005

brian@briansells.com

8300 E Maplewood Drive Ste 100, Greenwood Village, Colorado, Other

GET MORE INFORMATION

Name
Phone*
Message

By providing your phone number, you consent to receive calls and text messages from The Sells Team for real assistance and information. Text messages may include listing recommendations, status updates, and related property details. Message frequency may vary. Standard message and data rates may apply. Reply 'STOP' to opt out.

Go tour this home

1721-1725 N High ST