995 N Corona Street Denver, CO $ 2,500,000
995 N Corona Street
$ 2,500,000
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995 N Corona Street

Denver, CO, 80218
$ 2,500,000
Baths0.0 Sq 6,210

Monthly Estimate*

$ 17,463

Listed by NorthPeak Commercial Advisors, LLC
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Studio

Commercial Property for sale in Denver, CO

for $2,500,000. This 6,210 square foot building was built in 1922 on a lot size of 0.14.

995 Corona is a beautiful vintage apartment building located in the heart of Denver’s Capitol Hill neighborhood. The spacious one bedroom apartments all feature a separate office/ dining room that is ideal for residents preferring to work from home. Residents are attracted to the timeless curb appeal of the building’s brick exterior, its close proximity to Cheesman Park, and the convenience of off street parking. All 11 apartments are corner units with extra windows and abundant light. The units feature roomy floorplans, large bedrooms, hardwood floors and updated vinyl windows. The property has been meticulously maintained and has just undergone common area renovations in the hallways. Opportunity remains for a new investor through further upgrades to the apartments that will generate much higher rents. Surrounded by classic mansions, the location in the heart of Capitol Hill offers un-paralleled walkability, with an array of restaurants, shops and two large grocery stores within a 2-block radius.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,350

Style

Lot Size

0.14

Year Built

1922

Town/City

Denver

County/Region

Denver

MLS | Web ID

3452972

Features
General
Sewer Public Sewer
Zoning G-MU-3
Garage Spaces 0
Year Built 1922
Property SubType Multi-Family
Tax Year 2022
Current Use Multi-Family
Gross Income 178588
County Denver
Operating Expense 66275
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Buyer Agent Compensation 2
Total Units 11
Lot Size Square Feet 6255
Carport Spaces 0
Street Name Corona
Listing Terms Cash Conventional
Tax Annual Amount 11350
Leasable Area 9067
Standard Status Active
Cap Rate 4.5
Buyer Agent Compensation Type %
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Exterior
Total Parking 6
Lot Size Area 6255
Building Area Total 6210
Lot Size Acres 0.14
Lot Size Units Square Feet
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Interior
Street Suffix Street
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Internal Only
Street Number 1 995
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* Excluded Features
List By
Northpeak Commercial Advisors, Llc

Broker

(303) 818-1805

Phone

Affordability Calculator

$18,409
Per Month
95%
5%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
$946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$2,500,000 Listed Price

Map


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995 N Corona Street, Denver, CO, 80218 is a Commercial Property for sale at $2,500,000 with 6,210 sqft and a lot size of 0.14. 995 N Corona Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 80218 which is in Denver, CO