3867 Tennyson St
Denver, CO 80212
Retail Property For Sale

Commercial Building for sale in AMAZING location! Rare opportunity to own on hot Tennyson Street. Lovely converted Victorian home, now houses a popular retail shop on the main floor and four office spaces upstairs. Extremely popular shopping and restaurant district with great property value growth potential and solid income as is. One bathroom on each floor, kitchen on main floor, and full unfinished basement with tons of storage space. Plenty of parking in lot behind building. New roof being done soon. New sewer line done March 2017. Four upstairs offices were rented on month to month basis to mental health therapists ($600/each). All four will be vacated on 11/1/17. Main floor retail space pays $2,500/month and has 11 months left on lease. Leases could probably be increased substantially with new tenants upstairs and next year for retail shop to align with current market values. One of the sellers is a licensed real estate broker. Property may be part of 1031 exchange. Utilities are billed to owner who then bills tenants. Re: square footage... different numbers showing up in different sources, we believe one is the above ground and one is the total (shown in listing) but are not certain. All other information deemed reliable but not guaranteed, please advise buyers to verify. Details re: expenses in 'financials' section are not complete, docs will be made available upon offer for further review of expenses, etc.