Boland Lord Design Studio 570 Detroit St 1,420 SF Retail Building Denver, CO 80206 For Sale
INVESTMENT HIGHLIGHTS
- Rare 6th Ave. commercial property
- Has excellent parking on site
- Excellent redevelopment property, live work possible, expansion of existing building, etc.
EXECUTIVE SUMMARY
Well located U-MX-3 zoned residential/commercial land with an existing 1,254 SF office/retail/showroom building on site. Plus parking lot in back for 9 or more cars. A very hard to find unique property in Cherry Creek North. Excellent for a live work development situation or redevelopment and expansion of the existing building. Good visibility from 6th Ave. into the site.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,420 SF
Building Class
B
Year Built/Renovated
1955/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.14 AC
Zoning
U-MX-3 - U-MX-3. Allows residential, office and retail uses.
Parking
10 Spaces (7.96 Spaces per 1,000 SF Leased)
Frontage
46’ on Detroit Street
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5016-30-002 | Total Assessment | $127,510 (2024) |
| Land Assessment | $78,820 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $48,690 (2024) | Tax Year | 2023 |
