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1721 N High St Denver, CO 80218

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For Sale
$1,850,000

Mixed-use multifamily and office property in Denver's City Park West.

Property size:
8,767 SF

Property Features for 1721 N High St

General Information

Size
8,767 SF

Building Details

Year built
1894
Source: Corcoran

Listing Agent: Erik Carman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Denver Mixed-Use Multifamily and Office

Located in Denver’s City Park West neighborhood, the property at 1721-1725 N High St is an 8,500 SF mixed-use property featuring multifamily and office spaces. Constructed in 1894 on a 0.20-acre lot, the building has been updated for commercial and residential use, with approximately $500K in capital improvements completed since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, achieving $8,500 per month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250 per month. The remaining 4BR/1.5BA unit is rented at $3750 per month. The property offers flexible exit optionality, including executing a lot split, converting units to pure residential, or repositioning for executive commercial offices.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

W C Traylor ... Employment Attorney Jones Law Firm ... Divorce Lawyer Rone Law Office Lawyer Michael Webb Counseling Counselor

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.9649753
Latitude
39.7436984

FAQs

What type of property is this?
Mixed-use property - Mixed-use multifamily and office property in Denver's City Park West.
Where is this mixed-use property located?
The property is located at 1721 N High St Denver, CO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: - Stable in-place income of $14,450/month from a mix of commercial and residential tenants.; - Significant capital improvements of approximately $500K since 2022.; - Located in Denver's highly walkable and historic City Park West neighborhood.
More about this property
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