Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Listing provided courtesy of BANYAN REAL ESTATE LLC - MLS#REC4085509MLS Provider
Contact Information: chris@banyanrealestate.com,303-748-3843

50 W Arizona AvenueDenver, CO 80223

Commercial · 18,696 Sq. ft. | 0.29 Acres

$2,770,000 Active

Overview

Time on Site:
114 days
Visits:
18

Rare South Broadway infill development, repurpose or user retail/warehouse, with yard. 1915 constructed, two story, brick, block and wood beam structure 1/2 block off of Broadway, just south of I-25. Near the Broadway Station Redevelopment site. Currently used as warehousing space and a live work residential rental unit of approximately 2,870 sqft. Featuring 4 non-conforming bedrooms and 3 bathrooms. Great light and a gorgeous living space. The warehouse spans the entire main floor and the balance of the second floor with the residential unit. There is a drive in door and a low dock door. The yard is approximately 3,125 sqft and gated. The city has given the building 34 parking credits under it's current Zoning uses. Endless possibilities for investment, redevelopment or single user.

View Map

Facts & Features

  • Type Commercial
  • Sq. ft. 18,696
  • Price/Sq.ft. $148
  • Lot 0.29 Acres

General

Distance to Services
  • Distance To Bus Numeric: 2
  • Distance To Bus Units: Blocks
Income/Expenses
  • Gross Income: 102384
  • Operating Expense: 106000
Listing Information
  • Dual Variable Compensation: false
Building Information
  • Year Built: 1915
Business Information
  • Current Use: Residential,Warehouse
Location/Region
  • Country: US
  • County Or Parish: Denver
Tax Information
  • Tax Annual Amount: 48265
  • Tax Year: 2022
General Information
  • Exclusions: None
  • Parcel Number: 5222-03-001
  • Property Sub Type: Industrial
  • Property Type: Commercial Sale
  • Zoning: I-A

Interior

Parking Information
  • Garage Spaces: 0
Building Interior
  • Building Area Total: 18696
General Information
  • Building Features: Drive Indoors,Gated
  • Door Features: Dock Door(s)
  • Stories: 2

Exterior

Parking Information
  • Parking Features: Concrete
  • Parking Total: 11
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.29
  • Lot Size Area: 12500
  • Lot Size Square Feet: 12500
  • Lot Size Units: Square Feet
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Water Source: Public
Building Exterior/Construction
  • Attached Garage: false
  • Construction Materials: Block,Brick
  • Roof: Membrane
  • Structure Type: Low Rise (1-3)
General Information
  • Carport Spaces: 0
  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected

Neighborhood

Community

80223 (Denver) Demographics
35
Median Age
3,966
Population Density (per sq. mile)
44%
College Educated
$60,130
Estimated Median Income
3,692
Estimated Total Home Owners
4,197
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
1
Public
Denver Center for International Studies at Fairmon
  • Grades: PK - 5
  • Enrollment: 420
2
Public
Godsman Elementary School
  • Grades: PK - 5
  • Enrollment: 362
2
Public
KIPP Sunshine Peak Academy
  • Grades: 5 - 8
  • Enrollment: 430
1
Public
Mathematics and Science Leadership Academy
  • Grades: KG - 5
  • Enrollment: 163
Middle Schools
2
Public
KIPP Sunshine Peak Academy
  • Grades: 5 - 8 /
  • Enrollment: 430
High Schools
1
Public
Florence Crittenton High School
  • Grades: 9 - 12 /
  • Enrollment: 105
2
Public
KIPP Denver Collegiate High School
  • Grades: 9 - 12 /
  • Enrollment: 489
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$631,088
Median Sales Price
$433
Median Price per Square Foot
0
Properties Sold
42
New on Market
51
Average Days on Market
92
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
1/23/2024Source: REColorado MLS Price Reduction
$2,770,000 -2.8%