1755 S Broadway, Denver

$1,600,000

0 Beds
0 Baths
.22 Acres
0 Garages

Platt Park, South Broadway redevelopment opportunity! 14 units total! .....Back building 7 -1 bed units ,1 studio and 1 unit with 2 bed in a detached apartment building. Three commercial units on South Broadway. Two additional residential or retail units above storefront retail units. New roofs installed on both buildings in 2017. Very sought after neighborhood - Platt Park. Located on South Broadway. New roofs for both building in 2017.Flexible zoning code of U-MS-5. Using a 6% cap value would be $3,393,433 after being remodeled a fully leased.. Bring a flashlight for showings. Cash only sale. Tenant is a marijuana dispensary MMJ. Most units have been gutted and ready for full blown remodel. This is for a sophisticated investor that wants to remodel back building from top to bottom. Cash buyers or private financing only and quick closing. Front Building approximantly 2670 sq ft back building approximately 4522 sq ft. All information should be independently researched and verified by purchaser and agent. Owner is listing agent. Sold as is. Back building has been winterized .
BACK UNITS NEED TOTAL REMODEL! NO OWNER CARRY! CASH SALE -CLOSE QUICK! Supplements are Proforma , ILC, Roofing Info

Status: Active Under Contract

Metrolist Services Inc (Colorado) Logo RE/MAX ALLIANCE.

Essential Information
MLS® #2675652
Price$1,600,000
Bathrooms0.00
Acres0.22
Year Built1961
TypeCommercial Sale
Sub-TypeMulti Family
StatusActive Under Contract
Community Information
Address1755 S Broadway
CityDenver
CountyDenver
StateCO
Zip Code80210
Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected

Interior
# of Stories2
Exterior
RoofMembrane
ConstructionBrick
Additional Information
Date ListedFebruary 25th, 2020
Days on Market279
ZoningU-MS-5
Listing Details
Metrolist Services Inc (Colorado) LogoRE/MAX ALLIANCE
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Listing information last updated on November 29th, 2020 at 7:15pm MST.