Map
Listed price in listed location currency (USD).
$1,700,000

0023

MLS® 7459942

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size 8996 sqft
Garage 
Taxes $36,206
Days Active 10
Lot Size 0.88 Acres
Approx. Age 1960
Avg. Price Per Sqft $188
MLS® Number 7459942

Property Address: 4450 Morrison Rd, Denver, CO, 80219-2446

Average square foot calculated using Size range provided by listing agent.

Description

PRIME DENVER COMMERCIAL INVESTMENT OPPORTUNITY – HIGHLY MOTIVATED SELLER! Excellent opportunity to acquire a versatile, income-producing commercial property in Denver's established Westwood neighborhood! Located at 4450–4460 Morrison Road, this approximately 8, 996-square-foot, multi-tenant property sits on approximately 0.88 acres and offers an attractive combination of investment potential, accessibility, and a convenient central location. Strategically positioned along Morrison Road near West Kentucky Avenue, the property benefits from convenient access to Downtown Denver, approximately 5–6 miles away, as well as nearby Lakewood, Belmar, Barnum, Athmar Park, and the Federal Boulevard commercial corridor. The surrounding area offers a variety of established businesses, restaurants, retail destinations, and neighborhood amenities. Convenient connections to major transportation corridors provide access throughout the Denver metropolitan area. The property features approximately 224 feet of Morrison Road frontage, on-site parking, multiple tenant spaces, and additional storage opportunities. Its E-MX-3 zoning may provide flexibility for various commercial or mixed-use opportunities, subject to applicable zoning regulations and approvals. Offered at $1, 700, 000, this property presents an opportunity for investors seeking an established income-producing asset with potential for long-term appreciation and future improvements. Estimated capitalization rate of approximately 6.35%, subject to verification of operating income and expenses. SELLER IS HIGHLY MOTIVATED AND READY TO CONSIDER SERIOUS OFFERS! Don't miss this opportunity to acquire a substantial commercial property in a convenient Denver location. Schedule your private showing today!
MLS® Number7459942
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

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