3316 W 32nd Avenue # 101 Denver, CO $ 2,200,000
3316 W 32nd Avenue # 101
$ 2,200,000
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3316 W 32nd Avenue # 101

Denver, CO, 80211
$ 2,200,000
Baths0.0 Sq 4,321

Monthly Estimate*

$ 14,622

Listed by Capstone Apartment Partners, LLC
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Studio

Commercial Property for sale in Denver, CO

for $2,200,000. This 4,321 square foot building was built in 1929 on a lot size of 0.14.

Capstone Apartment Partners presents an exceptional opportunity to acquire a prime West Highlands multifamily property consisting of five individual condo units – the Creamery Lofts. Situated within walking distance of renowned dining establishments, breweries, and coffee shops, 3316 W 32nd Ave offers a coveted location in a vibrant community. Each unit offers high-end finishes, in-unit washer/dryers, central air conditioning, and private outdoor areas. With a mix of one-bedroom/one-bath and two-bedroom/two-bath units, the property caters to diverse tenant needs. Additionally, the existing condo structure allows for future individual unit sales, adding flexibility for investors seeking long-term value and a variety of future disposition strategies within this top-tier neighborhood.

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Commercial Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,364

Style

Lot Size

0.14

Year Built

1929

Town/City

Denver

County/Region

Denver

MLS | Web ID

7868808

Features
General
Sewer Public Sewer
Possession Closing/DOD
Zoning U-SU-A
Garage Spaces 0
Exclusions Tenant Personal Property
Year Built 1929
Unit Number 101
Property SubType Multi-Family
Tax Year 2022
Current Use Multi-Family
Gross Income 138420
County Denver
Operating Expense 27623
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Buyer Agent Compensation 1.5
Total Units 5
Lot Size Square Feet 6098.4
Carport Spaces 0
Street Name 32nd
Listing Terms Cash Conventional
Tax Annual Amount 2364
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 5.03
Buyer Agent Compensation Type %
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 0.14
Building Area Total 4321
Lot Size Acres 0.14
Lot Size Units Acres
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 3316
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* Excluded Features
List By
Capstone Apartment Partners, Llc

Broker

(303) 328-5208

Phone

Affordability Calculator

$14,819
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,622
Monthly Property Taxes
$197
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2024$2,200,000 Listed Price

Map


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3316 W 32nd Avenue # 101, Denver, CO, 80211 is a Commercial Property for sale at $2,200,000 with 4,321 sqft and a lot size of 0.14. 3316 W 32nd Avenue # 101 is a studio with 0.0 baths and was built in 1929. The property's zip code is 80211 which is in Denver, CO