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For Sale9 Days
$1,085,000

Restricted Address
Denver, CO 80218

Commercial For Sale
3,703 Sq. Ft.
NorthPeak Commercial Advisors, LLC

Description for Restricted Address, Denver, CO 80218

880 Marion St. is a stunning turn-of-the-century converted mansion located in Denver’s highly desirable Cheesman Park neighborhood. The building offers a unit mix of six 1-bedroom apartments. The units offer an elegant blend of historic charm and modern comfort, featuring spacious layouts, high ceilings, and generously sized windows that flood the interiors with natural light. The property presents immediate rental upside, with rents currently below market due to long-term ownership and tenancies. Additionally, the property includes five garage parking spaces, of which only two are capitalized by current ownership, providing even more untapped revenue potential for a new owner. Situated on a prime 7,810 square foot corner lot just three blocks west of Cheesman Park, the building is surrounded by local grocers, cafes and restaurants that make it especially attractive to renters. With its blend of charm, location and growth potential, 880 Marion stands as a prime investment, well-positioned to maintain high-occupancy and reliable returns for years to come.

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
REC3864374
$1,085,000
11/12/2024
3,703 Sqft
1900
Single Family
5
REC022346
Garage/Parking
5
No
No
Exterior Features
No
No
WaterFront and WaterAccess
No
Land Info
Nw
G-MU-3
5023-16-001
Monthly
Multi-family
Utilities
Public Sewer
HOA Info
Monthly
6
No
Rental Info
Monthly
Tax Info
LTS 1 & 2 & N1/2 OF 3 BLK 23 INSLEES ADD AMD MAP
$5,813
2023
Listing Information
NorthPeak Commercial Advisors, LLC
Conner Piretti
RECAQYRE
Recolorado
$1,085,000
11/12/2024 19:40:19

Price History

Source: MLS
DateEventPriceSource
2024-11-12 18:42:41For Sale$1,085,000MLS
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Courtesy of NorthPeak Commercial Advisors, LLC
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