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4489 Grant Street, Denver, CO – $700,000

  • 5 Beds
  • 3 Baths
  • 2,566 Sqft
  • .22 Acres
  • 5 Beds
  • 3 Baths
  • 2,566 Sqft
  • .22 Acres

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4489 Grant Street

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.

Listing Office: Pinnacle Real Estate Advisors

Essential Information

  • MLS® #7233580
  • Price$700,000
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,566
  • Acres0.22
  • Year Built1894
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address4489 Grant Street
  • SubdivisionGlobeville
  • CityDenver
  • CountyDenver
  • StateCO
  • Zip Code80216

Amenities

  • Parking Spaces5

Utilities

Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected

Interior

  • HeatingSteam
  • CoolingOther
  • StoriesTwo

Exterior

  • Lot DescriptionLevel
  • RoofComposition

Exterior Features

Garden, Private Yard, Rain Gutters

School Information

  • DistrictDenver 1
  • ElementaryGarden Place
  • MiddleMcauliffe Manual
  • HighManual

Additional Information

  • Date ListedNovember 25th, 2024
  • ZoningE-MX-2

Listing Details

  • Pinnacle Real Estate Advisors

Office Contact

cmitton@pinnaclerea.com,303-887-4955

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Listing information last updated on January 12th, 2025 at 8:03pm MST.