Denver, CO
Price: $1,125,000
Cap Rate: 5.00%
Status: UNDER CONTRACT

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Highlands Mixed-Use Property
3500 North Mariposa St | Denver, CO 80211

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Blue West Capital is pleased to present the sale of a mixed-use retail and residential property located at 3500 North Mariposa Street in Denver, Colorado. The 1,877 square foot property consists of 1,165 square feet retail space and 712 square feet of residential space. Located on a corner lot in the Lower Highlands neighborhood, the property was renovated in 2015 and boasts of average household incomes in excess of $132,958 within a one-mile radius.

  • AFFLUENT DEMOGRAPHIC – $132,958 average household income in a one mile radius
  • LOW RENT – Both tenants have below market rental rates
  • CORNER LOCATION – High visibility from North Mariposa Street and West 35th Avenue
  • OFF-STREET PARKING – Residential unit has single car garage
  • INFILL CENTRAL DENVER – Just north of downtown and walking distance to popular Lower Highland and Sunnyside bars and restaurants
  • QUALITY RETAIL STOREFRONT – Large storefront windows are inviting from street
  • BASEMENT STORAGE – Both tenants have separate basements with separate access
  • 2015 CAPITAL IMPROVEMENTS – Storefront, doors, windows, structural for RTU, electrical service, tuckpointing, new garage door and new garage roof

OFFERING SUMMARY

Price: $1,125,000
Cap Rate: 5.00%

Building Size: 1,877 SF
Lot Size:
.05 Acres

INVESTMENT CONTACT

ROBERT EDWARDS
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

TOM ETHINGTON
Managing Partner
Investment Sales
720.966.1624
Tom@BlueWestCapital.com

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2022-04-11T08:39:48-07:00
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