3358 - 3360 N Navajo St, Denver, CO, 80211

3358 - 3360 N Navajo St Denver, CO 80211

FOR SALE
Property Type:
Street Retail
Amount:
$1,735,000
Last Verified:
Jul 14, 2022

Highlights

  • Leased through 2023
  • 3.97% CAP on Current Income - Combined with Corner Bar
  • 2 off street parking spaces reserved in the rear
  • Will rent consistently while working through development plans with the City and County
  • Unbeatable location- Below market rent

Description

Fantastic rental property in the heart of the Denver Highlands. This 4 Bed/1Bath home is currently leased through July, 2023 for $2,400/month - a $26,035 NOI. Combined with the neighboring corner lot at 3360 N Navajo gives the 2 parcels a combined square footage of 6,020 SF - well over the minimum lot size of 4,500 SF to build a new duplex, urban house, tandem house, or much more. Corner lots have additional density possibilities including row homes. Join surrounding new developments with a truly irreplaceable parcel with beautiful northern views, easy walking to a multitude of bars, restaurants, concert venues, sporting stadiums, and all there is to love about Downtown and the Denver Highlands.

Located near the corner of W 34th Ave and N Navajo St.

Building Size: 3884sq ft
Lot Size: 0.14 acres


Documents

3358-3360 N Navajo For Sale

Map of 3358 - 3360 N Navajo St, Denver, CO, 80211

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.