Heidi Lutz - Coldwell Banker Distinctive Properties
1516 Wazee Street
Denver, CO 80202

$1,100,000

Description

This historic downtown building has a retail condo on the ground floor that is currently leased to a Retail Winery, with new Tenant Improvements and Fire code upgrades, on a 5 year term with average rent of approximately $5100/month plus NNN. Lease includes $2,000 a year step ups. 2 commercial bathrooms with shared sinks and kitchen. The combined building also includes a gorgeous loft with 2 bed, 2 bath, sleeps 8. High ceilings. An attached oversized 1 car garage with fire egress, right off the alley. Roof top deck access with full height portal and city views to die for. Exposed brick and hardwoods throughout loft unit. Antique doors, renovated kitchen with high end stainless appliances. The two are being sold together as one entire building $2.425M. Great rental or primary residence with huge income potential on both the main level retail space and loft unit. Live 2 blocks from Union Station and 1/2 block to 16th street mall. Must be bought in conjunction with 1516 Wazee unit B

Details

MLS#9560082
StyleIndustrial
Sub-TypeResale
StatusActive
Year1905
Days On Site12

Features

SQ Feet3,395
Story(s)1
Units1
ZoningD-LD

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80202
AreaDenver
Listing VS Median (in 80202)
Price:
$1,100,000
low | high
Med:
$557,500
99.318181818182% of Average
SqFt:
3,395
low | high
Med:
1,053
100% of Average
$ / SqFt:
$324
low | high
Med:
$541
16.879212246951% of Average
On Site:
12
low | high
Med:
78
15.384615384615% of Average
Listing Updated: 12/17/2018
MLS Number: 9560082
Listing Provided By:
CHRIS LAMEE  of  BANYAN REAL ESTATE LLC
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