2860 W 32nd Avenue Denver, CO $ 8,500,000
2860 W 32nd Avenue
$ 8,500,000
Recently Listed
Share Save

2860 W 32nd Avenue

Denver, CO, 80211
$ 8,500,000
Bedrooms-- Baths-- Sq 24,069

Monthly Estimate*

$ 52,336

Listed by Pinnacle Real Estate Advisors
2860 W 32nd Avenue, Denver, CO 80211 - Image 1
2860 W 32nd Avenue, Denver, CO 80211 - Image 2
2860 W 32nd Avenue, Denver, CO 80211 - Image 3
2860 W 32nd Avenue, Denver, CO 80211 - Image 4
2860 W 32nd Avenue, Denver, CO 80211 - Image 5
2860 W 32nd Avenue, Denver, CO 80211 - Image 6
2860 W 32nd Avenue, Denver, CO 80211 - Image 7
2860 W 32nd Avenue, Denver, CO 80211 - Image 8
2860 W 32nd Avenue, Denver, CO 80211 - Image 9
2860 W 32nd Avenue, Denver, CO 80211 - Image 10
2860 W 32nd Avenue, Denver, CO 80211 - Image 11
2860 W 32nd Avenue, Denver, CO 80211 - Image 12
2860 W 32nd Avenue, Denver, CO 80211 - Image 13
2860 W 32nd Avenue, Denver, CO 80211 - Image 14
2860 W 32nd Avenue, Denver, CO 80211 - Image 15
2860 W 32nd Avenue, Denver, CO 80211 - Image 16
2860 W 32nd Avenue, Denver, CO 80211 - Image 17
2860 W 32nd Avenue, Denver, CO 80211 - Image 18
2860 W 32nd Avenue, Denver, CO 80211 - Image 19
2860 W 32nd Avenue, Denver, CO 80211 - Image 20
2860 W 32nd Avenue, Denver, CO 80211 - Image 21
2860 W 32nd Avenue, Denver, CO 80211 - Image 22
2860 W 32nd Avenue, Denver, CO 80211 - Image 23
2860 W 32nd Avenue, Denver, CO 80211 - Image 24
2860 W 32nd Avenue, Denver, CO 80211 - Image 25
2860 W 32nd Avenue, Denver, CO 80211 - Image 26
2860 W 32nd Avenue, Denver, CO 80211 - Image 27
2860 W 32nd Avenue, Denver, CO 80211 - Image 28
2860 W 32nd Avenue, Denver, CO 80211 - Image 29
2860 W 32nd Avenue, Denver, CO 80211 - Image 30
2860 W 32nd Avenue, Denver, CO 80211 - Image 31
2860 W 32nd Avenue, Denver, CO 80211 - Image 32
2860 W 32nd Avenue, Denver, CO 80211 - Image 33
2860 W 32nd Avenue, Denver, CO 80211 - Image 34
2860 W 32nd Avenue, Denver, CO 80211 - Image 35
2860 W 32nd Avenue, Denver, CO 80211 - Image 36
2860 W 32nd Avenue, Denver, CO 80211 - Image 37
2860 W 32nd Avenue, Denver, CO 80211 - Image 38
2860 W 32nd Avenue, Denver, CO 80211 - Image 39
2860 W 32nd Avenue, Denver, CO 80211 - Image 40
2860 W 32nd Avenue, Denver, CO 80211 - Image 41
2860 W 32nd Avenue, Denver, CO 80211 - Image 42
2860 W 32nd Avenue, Denver, CO 80211 - Image 43

Commercial Property for sale in Denver, CO

for $8,500,000. This 24,069 square foot building was built in 1961 on a lot size of 0.5.

The Flats on 32nd Apartments presents a compelling opportunity to acquire a stabilized, well-maintained asset in one of Denver’s most sought-after urban submarkets. Situated in the heart of the Highlands, the property offers consistent in-place income with additional upside through continued rent growth and light value-add potential. Originally constructed in 1961, the 37-unit community has undergone significant renovations to both unit interiors and common areas, elevating the asset to meet today’s market standards while preserving its classic character. The property also features desirable amenities including covered, gated parking, bike storage, and a private gated courtyard, enhancing the resident experience. Ideally located with convenient access to Highland Park, Jefferson Park, and Sloan’s Lake, residents benefit from proximity to some of Denver’s premier outdoor and lifestyle destinations. Supported by strong renter demand and limited new supply in the Highlands, The Flats on 32nd is well-positioned for sustained performance and long-term appreciation. TURN-KEY 37 UNIT APARTMENT COMMUNITY IN THE HEART OF THE HIGHLANDS. IDEAL UNIT MIX WITH STUDIOS, ONE AND TWO BEDROOM UNITS. GATED COURTYARD WITH SHARED GREENSPACE, COMMUNAL PATIOS AND BIKE STORAGE. UPDATED UNITS WITH STAINLESS STEEL APPLIANCES. COVERED AND OFF-STREET PARKING AVAILABLE. EXTENSIVE UPGRADES TO THE SYSTEMS OF THE BUILDINGS

See more

Commercial Active

Price

$ 8,500,000

Property Type

Commercial

Taxes

$ 51,111

Style

Lot Size

0.5

Year Built

1961

Town/City

Denver

County/Region

Denver

MLS | Web ID

3242810

Features
General
Sewer Public Sewer
Zoning G-MU-3
Garage Spaces 0
Exclusions Tenant's personal property
Year Built 1961
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 673736
Building Name Flats on 32nd
County Denver
Operating Expense 202668
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 37
Lot Size Units Square Feet
Lot Size Square Feet 21828
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 51111
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.54
See more
Exterior
Water Source Public
Total Parking 0
Lot Size Area 21828
Building Area Total 24069
Lot Size Acres 0.5
See more
Internal Only
Street Number 1 2860
See more
* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(719) 325-6087

Phone

Affordability Calculator

$56,595
Per Month
92%
8%
0%
Monthly Principal & Interest
$52,336
Monthly Property Taxes
$4,259
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$8,500,000 Listed Price

Map


See all

2860 W 32nd Avenue, Denver, CO, 80211 is a Commercial Property for sale at $8,500,000 with 24,069 sqft and a lot size of 0.5. 2860 W 32nd Avenue was built in 1961. The property's zip code is 80211 which is in Denver, CO