$1,200,000

1285 Wolff Street

Denver CO, 80204

Description

-Immediate revenue growth potential through raising currently below-market rents closer to market upon lease expiration -Immediate expense savings through self-management -Renovated unit interiors and extensive capital improvements to building exterior/MEP systems should provide stable, predictable expense exposure -Active redevelopment along West Colfax corridor and easy access to amenities and public parks and recreation areas should help drive higher rents and property values over time -Highly desirable location within walking distance to the Sheridan and Perry Light Rail Stations provide easy access to Downtown Denver and beyond via Denver's Union Station

Details

MLS#4351352
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1969
Days On Site76

Features

SQ Feet5,028
Story(s)1
Units6
ZoningG-MU-5

Loading Form

Loading Form

Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$1,200,000
low | high
Med:
$550,000
100% of Average
SqFt:
5,028
low | high
Med:
1,397
100% of Average
$ / SqFt:
$239
low | high
Med:
$394
15.210828684015% of Average
On Site:
76
low | high
Med:
48
100% of Average
Listing Updated: 11/12/2019
MLS Number: 4351352
Listing Provided By:
Patrick Henry  of  HRE GroupLLC