$2,350,000
—
Bed
—
Bath
800
SqFt
0.43
Acre Lot
18,750
Sqft Lot
Status
Active
Property Type
Price Type
Year Built
1931
Neighborhood
Mcdowells
Days on Website
43
Property Map
$2,350,000 – 4930 W Colfax Avenue, Denver, CO 80204
Street View
Courtesy of Berkshire Hathaway-FTC {attribution_contact}
Description
IMAGINATION, A Vision: RE-Development of Existing Building or…you may build to suit…Zoning is U-MS-5, which is a big plus with all the newer building activities on this Main street. Excellent location on large corner lot (+- 1/2 Acre) Central West Colfax Corridor,Double-Drive-Through Restaurants are hot now ( none in the area) as well as 4-5 Story General Commercial Buildings are ‘Popping’ up in this area on a weekly basis… This is definitely in the midst of The Opportunity Zone of the Gentrification area of WEST COLFAX AVENUE, DENVER
Property Details and Features
Appliances & Equipment
- “Bar Fridge”, “Dishwasher”, “Dryer”, “Freezer”, “Microwave”, “Refrigerator”, “Trash Compactor”, “Washer”
Basement
- Basement
- “Partial”
- Bedrooms: 0
Building
- Construction Materials: “Stone”
- Levels: “One”
- Occupant Type: Owner
- Total Area: 800
- Built in 1931
Cooling
- Cooling: “Central Air”
Disclosures
- Attribution Contact: 9702265511
Expenses
- Operating Expense: $25,968
Heating
- Heating: “Baseboard”
Home Owner’s Association
- Association Fee Includes: “Trash”
Heating & Cooling
- Description: Central Air Conditioning
Income
- Net Operating Income: $122,032
- Projected Gross Operating Income: $148,000
Interior Features
- Features: “Central Vacuum”, “Jet Action Tub”
Listing
- Listing Id: RECIR1006301
- Standard Status: Active
- Mls Status: Active
- Listing Contract Date: 2024-03-16
- Listing Terms: “Cash”, “Conventional”
- Original List Price: $2,350,000
Location
- County Or Parish: Denver
- Subdivision Name: McDowells
Lot
- Acres: 0.43
- Parcel Number: 5062-06-028
- Square Feet: 18750
Owner Pays
- Ownership: Individual
Parking
- Parking Total: 38
Possession
- “Close Plus 3 Days”
Property
- Zoning: U=MS-5
Roof
- Roof: “Other”
Schools
- Elementary School: Barnum
- Elementary School District: Denver 1
- Middle Or Junior School: Hill
- High School: West
- High School District: Denver 1
Sewer
- Sewer: “Public Sewer”
Taxes
- Annual Amount: 25968
- Legal Description: L43 to 48 INC Blk ! Ip , McDowells Subdivision
- Tax Year: 2022
Tenant Pays
- Tenant Pays: “Electricity”, “Gas”, “Other”, “Water”
Utilities
- Utilities: “Cable Available”
- Water Source: “Public”