153 Kalamath St - Loft/Creative Space CONDO FOR SALE


Denver, CO 80223- Baker
$600,000 USD
303-667-2530
153 Kalamath St, Denver, CO for Sale
$600,000 USD
Loft/Creative Space CONDO - FOR SALE
1/17
null | Request Cap Rate

153 Kalamath St
Denver, CO 80223
Baker


HIGHLIGHTS

  • Billboard Included In Sale!
  • Security System
  • Modern Finish Throughout
  • Taxes - $16,384 / Year
  • Pro Forma NOI = $48,366
  • Owner Carry Financing Available

OVERVIEW

The property is situated just minutes from I-25 and 6th Ave. in the Baker District, with easy access to both east- and west-bound Alameda and north- and south-bound Santa Fe. The ~1,000 SF first floor of this two-story property is currently configured to accommodate a modern 600 SF showroom along with 400 SF of indoor, secure, heated and cooled storage space with garage door access and direct access to an additional 225 SF of attached outdoor, dry and secure storage space. The ~1,000 SF second story consists of one executive office space along with an open bullpen area, bathroom and kitchenette. This property also has 6 dedicated parking spaces located in the rear and currently has a tenant in place on a month-to-month lease. Rent is $4,000/ mo. and does not include the storage space. Current NOI is $42,250 and could easily be increased through a new lease. This offers a current 7% cap rate with the opportunity to increase the income. Taxes are approximately $16,384. Included in the sale is a Billboard generating $7,250/year in rent!

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Office/Residential

TOTAL BUILDING SIZE

4,613 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

I-MX-3

APN/PARCEL ID

5091-26-028,5091-26-031

ASK ABOUT THIS PROPERTY

Beau HershbergerHoff & Leigh DenverMore Info
303-667-2530

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Beau HershbergerHoff & Leigh DenverMore Info
303-667-2530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.