4489 Grant Street, Denver, CO 80216

$700,000
5
BD
3
BA
2,566
SqFt
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Courtesy of Pinnacle Real Estate Advisors . cmitton@pinnaclerea.com,303-887-4955

Selling Office: Pinnacle Real Estate Advisors.

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Sold Price
$700,000
List Price
$700,000
Closing Date
Mar 05, 2025
Type
Multifamily
Status
CLOSED
MLS Number
7233580
Finished Sqft
2,566
Above Grade Sqft
2566
Total Sqft
2566
Subdivision
Globeville
Sub-Area
Globeville
Year Built
1894
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720-507-6683

Property Description

Introducing an exceptional investment opportunity in Denver, Colorado - 4489 Grant Street. This historic 2,566 SF multi-use building, offers three spacious units in mixed used E-MX-2 zoning. Priced at $700,000 with an as-is 5.15% Cap Rate and first year Cap rate at 6.68% this property presents compelling potential for multifamily or high-rise investors looking to capitalize on Denver's growing market. With concept plans in place, this property provides development opportunities in a prime location. Surrounded by a robust demographic with an average household income of $114,004 within a 1-mile radius, this property is a promising investment. For those seeking a strategic move in the bustling Denver real estate market, 4489 Grant Street stands as a promising venture in a thriving community.

720-507-6683
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Additional Information

School District
Denver 1
Elementary School
Garden Place
Middle School
Mcauliffe Manual
High School
Manual
Basement
Unfinished
Lot Size
9,375
Acres
0.22
Taxes
$2,283
Tax Year
2023
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