1258 N Marion Street Denver, CO $ 2,500,000
1258 N Marion Street
$ 2,500,000
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1258 N Marion Street

Denver, CO, 80218
$ 2,500,000
Bedrooms-- Baths-- Sq 7,739

Monthly Estimate*

$ 15,393

Listed by Altos Realty Advisors, Inc.
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Commercial Property for sale in Denver, CO

for $2,500,000. This 7,739 square foot building was built in 1960 on a lot size of 0.14.

1258 N Marion St is a 12-unit multifamily property ideally located just steps from Cheesman Park in one of Denver’s most desirable central neighborhoods. The property consists of 11 one-bedroom units and 1 studio, offering a strong and highly leasable unit mix in a proven rental submarket. Units are in good overall condition and have been upgraded with modernized kitchens and bathrooms, and each unit includes a dishwasher. The building has also undergone significant capital improvements, including newer windows and an upgraded electrical system, helping reduce future maintenance exposure and enhance overall efficiency. The property includes five on-site parking spaces that generate additional income. With solid in-place rents and continued rent growth potential, 1258 N Marion St presents a compelling investment opportunity in a high-demand Denver location.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 15,660

Style

Low Rise (1-3)

Lot Size

0.14

Year Built

1960

Town/City

Denver

County/Region

Denver

MLS | Web ID

4880244

Features
General
Sewer Public Sewer
Utilities Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available
Possession Closing/DOD
Roof Membrane
Zoning G-MU-3
Garage Spaces 0
Construction Materials Brick Frame
Exclusions Tenants personal property
Year Built 1960
Tenant Pays Electricity Gas Internet Trash Collection Water
Property Subtype Multi Family
Tax Year 2024
Current Use Residential
Gross Income 192959
County Denver
Operating Expense 63420
Property Type Commercial Sale
Attached Garage N
Building Features Coin Laundry Wi-Fi
Status Active
City Denver
Number Of Units Total 12
Lot Size Units Square Feet
Lot Size Square Feet 6250
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 15660
Virtual Tour https://listings.snaplyphoto.com/sites/1258-n-marion-st-denver-co-80218-22489278/branded
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.85
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 6250
Building Area Total 7739
Lot Size Acres 0.14
Road Surface Type Alley Paved Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1258
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* Excluded Features
List By
Altos Realty Advisors, Inc.

Broker

(720) 392-5663

Phone

Affordability Calculator

$16,698
Per Month
92%
8%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,305
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
3/3/2026$2,500,000 Listed Price

Map


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1258 N Marion Street, Denver, CO, 80218 is a Commercial Property for sale at $2,500,000 with 7,739 sqft and a lot size of 0.14. 1258 N Marion Street was built in 1960. The property's zip code is 80218 which is in Denver, CO