1930 W 41st Ave
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1930 W 41st Ave
4,350 SF Flex Building Denver, CO 80211 $2,600,000 ($598/SF) 6.20% Cap Rate
Investment Highlights
- Located in the desirable Sunnyside Neighborhood
- Large yard space
- Warehouse space
- Long term lease
- 11 off street parking spaces
- High-end exterior design and landscape
Executive Summary
1930 W 41st. Avenue is on a long term lease to Sploot and has been fully renovated into 3,402 SF of office space, 1,022 SF of warehouse space, 847 covered outdoor storage, and 5,535 SF of fenced yard space with an additional 11 off-street parking spaces. The property is being offered for sale and is a great opportunity to own a quality asset that will have a stable cash flow over the next 5 to 10 years. The property is well located in the highly desirable Sunnyside neighborhood, within walking distance to retail, bars and restaurants.
Property Facts
Price | $2,600,000 | Lot Size | 0.43 AC |
Price Per SF | $598 | Rentable Building Area | 4,350 SF |
Sale Type | Investment | No. Stories | 1 |
Cap Rate | 6.20% | Year Built/Renovated | 1955/2023 |
Property Type | Flex | Tenancy | Single |
Property Subtype | Light Distribution | Parking Ratio | 2.53/1,000 SF |
Building Class | C |
Price | $2,600,000 |
Price Per SF | $598 |
Sale Type | Investment |
Cap Rate | 6.20% |
Property Type | Flex |
Property Subtype | Light Distribution |
Building Class | C |
Lot Size | 0.43 AC |
Rentable Building Area | 4,350 SF |
No. Stories | 1 |
Year Built/Renovated | 1955/2023 |
Tenancy | Single |
Parking Ratio | 2.53/1,000 SF |
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Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $170,780 | |
Land Assessment | $715,360 | Total Assessment | $886,140 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$715,360
Improvements Assessment
$170,780
Total Assessment
$886,140
zoning
Zoning Code | U-MS-2X (Zoning supports a variety of use options including Residential, Commercial, Mixed Use, additional heights, design flexibility) |
U-MS-2X (Zoning supports a variety of use options including Residential, Commercial, Mixed Use, additional heights, design flexibility) |
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1930 W 41st Ave
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