Commercial: MLS #3518895 , $ 3,125,000
Commercial: MLS #3518895
$ 3,125,000
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Commercial: MLS #3518895

,
$ 3,125,000
Bedrooms-- Baths--

Monthly Estimate*

$ 19,241

Listed by Pinnacle Real Estate Advisors
MLS #/Web ID: 3518895 - Image 1
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Commercial Property for sale for $3,125,000. This building was built in 1998 on a lot size of 0.26.

Property Features • Prime Covered Land Opportunity in a Highly Desirable Location • Versatile C-MX-5 Zoning Allows to Build 73 Residential Units or Commercial • Two Income-Generating Assets with Flexible Month-to-Month Leases • Last Undeveloped Lot on Central Street • Exceptional Walk and Bike Scores (Mid-90s) with Direct Pedestrian & Bike Access to Downtown Denver via Highland Bridge • City Street-Side Enhancements Underway Directly in Front of Property • High-Visibility Location on Central Street with Overlook of I-25 (246,000 Vehicles/Day) • Breathtaking Panoramic Views of Downtown Denver and the Rocky Mountains • Strong Neighborhood Demographics: $142,000 Average Annual Household Income

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Commercial Active

Price

$ 3,125,000

Property Type

Commercial

Taxes

$ 35,366

Style

Lot Size

0.26

Year Built

1998

County/Region

DENVER

MLS | Web ID

3518895

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Phone Available Phone Connected Sewer Connected
Zoning C-MS-5
Garage Spaces 0
Exclusions Tenant possessions
Year Built 1998
Property Subtype Commercial Land
Tax Year 2024
Current Use Multi-Family Retail
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
Lot Size Units Square Feet
Lot Size Square Feet 11250
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 35366
Lease Considered Y/N N
Standard Status Active
Occupancy Type Tenant
Cap Rate 4.05
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Exterior
Lot Features Corner Lot Landscaped Near Public Transit
Water Source Public
Total Parking 0
Lot Size Area 11250
Lot Size Acres 0.26
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9559

Phone

Affordability Calculator

$22,188
Per Month
87%
13%
0%
Monthly Principal & Interest
$19,241
Monthly Property Taxes
$2,947
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/23/2026$3,125,000 Listed Price

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