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982 S Sheridan Blvd Boulevard Denver, CO $ 1,850,000
982 S Sheridan Blvd Boulevard
$ 1,850,000
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982 S Sheridan Blvd Boulevard

Denver, CO, 80226
$ 1,850,000
Bedrooms-- Baths-- Sq 7,500

Monthly Estimate*

$ 11,391

Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Commercial Property for sale in Denver, CO

for $1,850,000. This 7,500 square foot building was built in 1956 on a lot size of 0.63.

982 S Sheridan Blvd is a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver’s strong market fundamentals.

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Commercial Active

Price

$ 1,850,000

Property Type

Commercial

Taxes

$ 9,525

Style

Lot Size

0.63

Year Built

1956

Town/City

Denver

County/Region

Denver

MLS | Web ID

8100300

Features
General
Sewer Community Sewer
Zoning E-TU-C
Garage Spaces 0
Exclusions n/a
Year Built 1956
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 27442.8
Carport Spaces 0
Tax Annual Amount 9525
Standard Status Active
Cap Rate 6.37
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Exterior
Total Parking 0
Lot Size Area 0.63
Building Area Total 7500
Lot Size Acres 0.63
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Internal Only
Street Number 1 982
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* Excluded Features
List By
Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.

Broker

(303) 328-2075

Phone

Affordability Calculator

$12,185
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
$794
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
3/31/2026$1,850,000 Listed Price

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982 S Sheridan Blvd Boulevard, Denver, CO, 80226 is a Commercial Property for sale at $1,850,000 with 7,500 sqft and a lot size of 0.63. 982 S Sheridan Blvd Boulevard was built in 1956. The property's zip code is 80226 which is in Denver, CO