1300 S Parker Road Denver, CO $ 2,100,000
1300 S Parker Road
$ 2,100,000
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1300 S Parker Road

Denver, CO, 80231
$ 2,100,000
Bedrooms-- Baths-- Sq 20,858

Monthly Estimate*

$ 12,930

Listed by HomeSmart
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Commercial Property for sale in Denver, CO for $2,100,000. This 20,858 square foot building was built in 1972.

Rare opportunity to acquire a 33-unit condo portfolio offered as a distressed investment due to fire incidents that occurred in 2022 and 2023. As a result, pricing reflects a significant discount, currently estimated at approximately 50–60% below prior market values. This portfolio is best suited for experienced investors with a medium- to long-term investment horizon and may not fit all buyer profiles. Several units are impacted and pending future renovation coordination through the HOA. Based on current HOA communication, reconstruction and remodeling of fire-affected units are anticipated to begin within approximately two years, subject to HOA timelines and approvals. Prior to the fire events, comparable units within the community historically traded between $125,000–$180,000 per unit, presenting potential upside as restoration progresses and market conditions stabilize (buyers to independently verify all projections). The current owner is actively working to lease up additional units, with plans to add approximately seven more rental units, which may improve future income performance and NOI. Prime investment opportunity for value-add investors seeking long-term appreciation and income growth potential.

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 606

Style

Mid Rise (4-7)

Year Built

1972

Town/City

Denver

County/Region

ARAPAHOE

MLS | Web ID

2647831

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available
Possession Immediate Negotiable
Roof Concrete
Garage Spaces 0
Security Features Fire Alarm Key Card Entry
Construction Materials Stucco
Year Built 1972
Electric 110V
Tenant Pays Cable TV Gas Internet Telephone
Property Subtype Multi Family
Tax Year 2024
Current Use Residential
County Arapahoe
Property Type Commercial Sale
Attached Garage N
Building Features Clubhouse Coin Laundry Fitness Center On Site Management Swimming Pool Sauna
Status Active
City Denver
Number Of Units Total 33
Carport Spaces 0
Listing Terms Cash Conventional Owner Will Carry
Tax Annual Amount 606
Structure Type Mid Rise (4-7)
Standard Status Active
Occupancy Type Tenant (Single)
Cap Rate 0
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Exterior
Exterior Amenities Balcony Lighting Tennis Court(s)
Lot Features Landscaped
Water Source Public
Total Parking 500
Building Area Total 20858
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1300
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* Excluded Features
List By
Homesmart

Broker

(720) 280-6933

Phone

Affordability Calculator

$12,981
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,930
Monthly Property Taxes
$51
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
2/27/2026$2,100,000 Listed Price

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1300 S Parker Road, Denver, CO, 80231 is a Commercial Property for sale at $2,100,000 with 20,858 sqft. 1300 S Parker Road was built in 1972. The property's zip code is 80231 which is in Denver, CO