Homes for sale - 1721-1725 N High ST, Denver, CO 80218

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$2,000,000

Est. payment - /mo

8,767 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,767 sqft

Price per Sqft $228

Subdivision City Park

MLS Listing ID 2096717

HOA Y/N No

Abv Grd Liv Area 6,550

Year Built 1894

Annual Tax Amount $42,962

Tax Year 2024

Property Sub-Type Duplex

Source recolorado

Property Description

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 9,000 SQF mixed-use multifamily and office property in Denver's highly walkable and historic City Park West neighborhood. 1721-1725 N High St presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is owner-occupied and represents the opportunity to add further rental income or reposition the space for resale. For investors, the asset offers flexible exit optionality—whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices—all within one of Denver's most desirable urban neighborhoods. Please Downlaod Offering Memorandum on Loopnet or contact listing broker. Loopnet: https://www.loopnet.com/Listing/1725-N-High-St-Denver-CO/37113593/

Location

State CO

County Denver

Zoning G-RO-3

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Exterior

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Lot Description Level

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Cole Arts And Science Academy

Middle Schools Bruce Randolph

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Compass - Denver

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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