1475 Cherry Street Denver, CO $ 3,100,000
1475 Cherry Street
$ 3,100,000
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1475 Cherry Street

Denver, CO, 80220
$ 3,100,000
Bedrooms-- Baths-- Sq 12,339

Monthly Estimate*

$ 19,574

Listed by The Old Country Real Estate Group LLC
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Commercial Property for sale in Denver, CO

for $3,100,000. This 12,339 square foot building was built in 1946 on a lot size of 0.32.

Prime Investment Opportunity With Seller Financing Available: 17-Unit Apartment Complex in Denver with Value-Add Potential Nestled just steps from Colfax Avenue, Denver's vibrant cultural and commercial corridor, this 17-unit apartment complex presents an unparalleled opportunity for investors. This property boasts a blend of urban convenience and untapped potential, making it an ideal choice for those seeking to maximize returns in one of Denver’s most dynamic neighborhoods. Property Highlights: Unit Mix: A built-for property with a versatile mix of 1-bedroom and 2-bedroom apartments, catering to a broad tenant base. Location: Situated within walking distance to Colfax Avenue, this property offers easy access to restaurants, breweries, coffee shops, and boutique retail. The proximity to public transportation and major thoroughfares ensures strong tenant demand. Upside Potential: While currently stabilized with consistent occupancy, this property offers significant room for upside potential through strategic upgrades. On-Site Amenities: Includes dedicated parking, a shared courtyard space, and on-site laundry facilities—features that are highly desirable for tenants in this area. Value-Add Opportunities: Renovation Potential: Cosmetic updates to kitchens, bathrooms, and flooring could drive up rental income. Energy Efficiency Upgrades: Implementing energy solutions like LED lighting, low-flow fixtures, and solar panels could lower operating costs. Reconfiguration Options: Certain units offer the potential for conversion or reconfiguration to maximize rental income. Neighborhood Features: Colfax Avenue is the heartbeat of Denver, offering entertainment venues, art galleries, and nightlife. This property’s location also benefits from proximity to several parks, schools, and employment hubs, ensuring a steady stream of qualified tenants. The area is experiencing continued growth, with developments and revitalization efforts enhancing its long-term value

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Commercial Active

Price

$ 3,100,000

Property Type

Commercial

Taxes

$ 21,528

Style

Low Rise (1-3)

Lot Size

0.32

Year Built

1946

Town/City

Denver

County/Region

Denver

MLS | Web ID

9343269

Features
General
Sewer Public Sewer
Possession Closing/DOD
Roof Rolled/Hot Mop
Zoning U-TU-C
Garage Spaces 0
Construction Materials Brick Frame
Year Built 1946
Tenant Pays Cable TV Internet Telephone
Stories Count 2
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Building Name Cherry Manor Apartments
County Denver
Property Type Commercial Sale
Attached Garage N
Building Features Coin Laundry
Status Active
City Denver
Number Of Units Total 17
Lot Size Units Square Feet
Lot Size Square Feet 14100
Carport Spaces 0
Listing Terms Cash Owner Will Carry
Tax Annual Amount 21528
Structure Type Low Rise (1-3)
Standard Status Active
Cap Rate 5.74
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Exterior
Lot Features Landscaped Sprinklers In Front
Water Source Public
Total Parking 6
Lot Size Area 14100
Building Area Total 12339
Lot Size Acres 0.32
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1475
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* Excluded Features
List By
The Old Country Real Estate Group Llc

Broker

(720) 939-3600

Phone

Affordability Calculator

$21,368
Per Month
92%
8%
0%
Monthly Principal & Interest
$19,574
Monthly Property Taxes
$1,794
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/24/2026$3,100,000 -8.82% Price Down
7/2/2026$3,400,000 Listed Price

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1475 Cherry Street, Denver, CO, 80220 is a Commercial Property for sale at $3,100,000 with 12,339 sqft and a lot size of 0.32. 1475 Cherry Street was built in 1946. The property's zip code is 80220 which is in Denver, CO