1725 Race Street Denver, CO $ 1,000,000
1725 Race Street
$ 1,000,000
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1725 Race Street

Denver, CO, 80206
$ 1,000,000
Bedrooms-- Baths-- Sq 3,315

Monthly Estimate*

$ 6,239

Listed by Cushman & Wakefield
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Commercial Property for sale in Denver, CO

for $1,000,000. This 3,315 square foot building was built in 1906 on a lot size of 0.15.

Cushman & Wakefield would like to present 1725 Race Street, a 6-unit multifamily property located in the heart of Denver’s City Park West neighborhood, one of the city’s most walkable and in-demand urban residential areas. The property currently is a mix of (2) studios, (3) 1 bedroom, and (1) 3 bedroom units however there is opportunity to convert the 3/2 unit into a 2/1 and 1/1 unit with a $25,000 renovation. This will increase the income $12,300 per year, decrease your price per unit basis $30,000 and decrease your exposure to 3 unit vacancy. This historic building offers architectural charm and a prime location just blocks from City Park, Cheesman Park, and major employment centers including the St. Joseph and Presbyterian/ St. Luke’s medical campuses. The property combines classic brick construction with strong in-place income and additional upside potential through unit modernization. City Park West is a vibrant, centrally located neighborhood that appeals to a wide range of renters—from medical professionals and students to remote workers and long-term residents. The surrounding Denver metro continues to experience significant economic growth, driven by a diverse mix of industries including technology, healthcare, aerospace, and energy. With limited multifamily inventory in this submarket, 1725 Race Street presents a compelling opportunity for investors seeking stable returns, appreciation potential, and long-term value in a blue-chip urban location.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 6,723

Style

Low Rise (1-3)

Lot Size

0.15

Year Built

1906

Town/City

Denver

County/Region

Denver

MLS | Web ID

2131961

Features
General
Sewer Public Sewer
Roof Shingle
Garage Spaces 0
Construction Materials Brick
Exclusions Tenant Possessions
Year Built 1906
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 86296
County Denver
Operating Expense 40489
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 6534
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 6723
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 4.6
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Exterior
Total Parking 0
Lot Size Area 0.15
Building Area Total 3315
Lot Size Acres 0.15
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Internal Only
Street Number 1 1725
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$6,799
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$560
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
11/5/2025$1,000,000 -20.00% Price Down
10/31/2025$1,250,000 Listed Price

Map


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1725 Race Street, Denver, CO, 80206 is a Commercial Property for sale at $1,000,000 with 3,315 sqft and a lot size of 0.15. 1725 Race Street was built in 1906. The property's zip code is 80206 which is in Denver, CO