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913 Corona St 3,608 SF 100% Leased Retail Building Denver, CO 80218 $1,100,000 ($304.88/SF) 6.11% Cap Rate
Investment Highlights
- Steady Income Potential
- Continually Renovated & Updated
Executive Summary
Owner financing available! This prime Capitol Hill property in Denver features two retail units, both leased until 2034. It offers a strong 6.1% cap rate with annual rent increases of 3%, making it an excellent long-term investment opportunity. Has undergone continual renovations and updates that make it an attractive space for tenants to occupy.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,608 SF
Building Class
C
Year Built
1891
Price
$1,100,000
Price Per SF
$304.88
Cap Rate
6.11%
NOI
$67,193
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.83
Lot Size
0.10 AC
Zoning
B-2, Denver - B2 Zoning offers a wide range of options such as: Multiple units, single unit, retail, food sales, office, and so much more. SEE attachment.
Parking
2 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
126’ on Corona St
Amenities
- Bus Line
- Signage
- Air Conditioning
- Balcony
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5023-06-016 | Improvements Assessment | $468,900 |
| Land Assessment | $604,700 | Total Assessment | $1,073,600 |
Property Taxes
Parcel Number
5023-06-016
Land Assessment
$604,700
Improvements Assessment
$468,900
Total Assessment
$1,073,600
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Presented by
Mosaic Real Estate LLC
913 Corona St
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