2400 W 32nd Avenue

Denver, CO 80211
  • $3,500,000
  • STATUS: Active
  • ON SITE: 150 days
  • MLS #: 9651142
$3,500,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,852
    SQFT
  • $446
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Pinnacle Real Estate Advisors.

Description

Pinnacle Real Estate Advisors is pleased to announce they have been retained to exclusively market the Prell Building. Qualified investors have the opportunity to acquire this rare Highlands neighborhood property consisting of retail and office tenants totaling 7,852 square feet on two floors. This asset is occupied by a restaurant and bar on the first floor and three tenants in the second floor office suites. Most of the tenants retain long term tenancies at the property. This asset is located in the heart of the Highlands neighborhood surrounded by hundreds of singlefamily and multifamily residences as well as many shops, restaurants, bars and cafes in proximity. This property has been well maintained by the current ownership with capital improvements including a new roof, electrical, windows, plumbing and exterior stairwell.



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

frontrange.8z.com/homes/72915776

2400 W 32nd Avenue Denver, CO 80211

  • Price: $3,500,000
  • Status: Active
  • MLS #: 9651142
0
Beds
0
Baths
0
½ Baths
0.1
Acres
7,852
SQFT
$446
$/SQFT
1910
Built
Neighborhood:
Highland Park
County:
Denver
Area:
Denver
Elementary School:
Edison
Middle School:
Skinner
High School:
North
School District:
Denver 1
Property Description
Pinnacle Real Estate Advisors is pleased to announce they have been retained to exclusively market the Prell Building. Qualified investors have the opportunity to acquire this rare Highlands neighborhood property consisting of retail and office tenants totaling 7,852 square feet on two floors. This asset is occupied by a restaurant and bar on the first floor and three tenants in the second floor office suites. Most of the tenants retain long term tenancies at the property. This asset is located in the heart of the Highlands neighborhood surrounded by hundreds of singlefamily and multifamily residences as well as many shops, restaurants, bars and cafes in proximity. This property has been well maintained by the current ownership with capital improvements including a new roof, electrical, windows, plumbing and exterior stairwell.
Exterior Features

Construction Materials Brick Construction Methods Brick Parking Off-Street (12 Spaces) Parking Total Searchable 12 Roof Other Site Features Near Public Transit

Interior Features

Basement Size None Cooling Other Heating Forced Air Heating Fuel Gas Other HVAC Other Sq Ft Above 7852 Sq Ft Finished 7852

Property Features

Additional Information Income PotentialTenant Occupied Annual Expense Actual 42000 Annual Expense Proj 43000 Annual Income Actual 220000 Annual Income Proj 257000 Annual Net Income Actual 178000 Annual Net Income Proj 214000 Building Area Source County Records Business Type Mixed UseOffice/ShowroomRetail Has Hoa YN No Listing Financing CashConventionalExchangeJumboOtherPrivate Financing Seller Type Corporation/Trust Status Conditions None Known Tax Amount 21520.00 Tax Year 2016 Transaction Type For Sale Unit Count 0 Zoning U-Ms-3



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

8z Real Estate
4041 Hanover, Suite 200
Boulder CO, 80305
Offered by Pinnacle Real Estate Advisors.