Sold
Closed
3360 Navajo Street
Denver CO, 80211
$1,490,000
$889.55 per sqft
Sold
Closed
1,675 sqft
Commercial
Built in 1891
***THIS PROPERTY MUST BE SOLD WITH 3358 NAVAJO ST.***
ASKING PRICE IS FOR BOTH PARCELS
BOTH PROPERTIES - 2 Lots for sale located directly on the corner of N Navajo St. & W 34th Ave in the Denver Highlands. Combined lot size allows for 2+ units to be built on this beautiful corner in the center of one of Denver's hottest neighborhoods. Current Net Operating Income totals $69,019 giving this property a 4.24% CAP rate, allowing a stable cash flow while going through entitlements and planning with the city. Properties of this size and location do not trade hands often, do not miss your chance to plant a flag in one of the fastest growing neighborhoods in the country!
3360 N NAVAJO - This well performing bar has been a staple to the Denver Highlands neighborhood for some time now. With 4 years remaining on the lease and a current NOI of $42,984, this property has the ability to cash flow while bringing development plans through the city. This corner unit also has a zoning permit to operate a bar in one of the most trafficked corners of the Highlands - Navajo St. & W 34th Ave. This could allow for a new bar use (Walk in cooler included in sale), as well as all the building possibilities the current zoning allows with this lot size - Duplex, Urban house, Tandem House, and potentially rowhomes and other design possibilities
4801098
MLSⓇ ID
June 27, 2022
Listed
November 25, 2024
Updated
Map
3360 Navajo Street
Denver CO, 80211
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$7,680
Tax Frequency
Annually
Garage
Yes
Garage Spaces
1
Parking Total
1
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
U-TU-B2
Listing History
Date | Event | Price |
|---|---|---|
5/12/2023 | Sold | $1,490,000 |
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