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$2,000,000
2 Days On Site

1721 N High Street
Denver, CO 80218

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,845
SqFt
$255
/SqFt
1894
Built
County:
Denver

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1721 N High Street1721 N High Street1721 N High Street1721 N High Street
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Compass Inc. (“Compass”) and Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, are pleased to present to acquire the fee simple interest in 1721-1725 N High St, an 8,500 SF mixed-use multifamily and office property in Denver’s highly walkable and historic City Park West neighborhood. 1721-1725 N High St (the “Property”) presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is owner-occupied and represents the opportunity to add further rental income or reposition the space for resale. For investors, the asset offers flexible exit optionality—whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices—all within one of Denver’s most desirable urban neighborhoods. Please Downlaod Offering Memorandum on Loopnet or contact listing broker.

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Listing Snapshot
Price 
$2,000,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,845 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1894
MLS® Number 
9127989
Status 
Active
Property Tax 
$42,962
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Additional Property Use 
Multi-FamilyOfficeResidential
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
7845
Style 
Traditional
Zoning 
G-RO-3
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Exterior Features
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Compass - Denver [email protected]



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 Compass - Denver 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.

Neighborhood & Commute
Source: Walkscore
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