Address
3025 W 38th Avenue, Denver, CO
Price
$ 1,100,000
Property Attributes
- MLS#5467507
- TypeCommercial
- Listing Status Pending
- CountyDENVER
- CityDenver
- Zip80211
- StyleA-Frame
- Year Built1946
- Taxes$ 17333
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3551
- Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Located at the signalized intersection of West 38th Avenue and Federal Boulevard, 3025 W 38th Ave offers prime frontage in one of Denver’s most dynamic and evolving commercial corridors. Sitting at the convergence of the Berkeley and Highlands neighborhoods, this property benefits from exceptional daily traffic counts, walkability, and direct access to both affluent residential communities and a dense mix of local businesses. The surrounding area continues to see investment in infrastructure and commercial infill, supporting long-term appreciation and tenant demand. The property is currently occupied by a single, stable medical tenant—Serenity Dental Arts—under a long-term triple-net (NNN) lease with approximately four and a half years remaining and built-in annual rent escalations through 2030 with 2 five year options to renew. This lease structure provides predictable cash flow with minimal landlord responsibilities, making it ideal for passive investors. The tenant has an excellent reputation and operates profitably in a space optimized for dental or other medical office use, further enhancing the stickiness of occupancy. Zoned U-MS-3, the property allows for up to three stories of development, giving investors the option to expand or redevelop in the future. With a lot size of over 5,600 square feet and six dedicated parking spaces, the site is well-positioned for vertical expansion or mixed-use repositioning. In a market where redevelopment sites with income in place are increasingly scarce, this property offers both immediate yield and long-term upside.
| Price History | |
|---|---|
| 1/14/2026 | Listed $1,166,000 |
| 4/2/2026 | 6$1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Connected,Phone Connected,Sewer Connected |
| Possession | Closing/DOD |
| Roof | Composition |
| Zoning | U-MS-3 |
| Architectural Style | A-Frame |
| Security Features | Fire Alarm,Fire Sprinkler System,Panic Alarm,Smoke Detector(s) |
| Construction Materials | Brick,Frame |
| Year Built | 1946 |
| Electric | 220 Volts |
| Stories Count | 2 |
| Property Subtype | Office |
| Tax Year | 2024 |
| Current Use | Medical/Dental |
| Gross Income | 72369.12 |
| County | Denver |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Contingency | None Known |
| Status | Pending |
| City | Denver |
| Number Of Units Total | 1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098.4 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 17333 |
| Leasable Area | 2679 |
| Lease Considered Y/N | No |
| Structure Type | Free Standing |
| Lease Type | NNN |
| Standard Status | Active Under Contract |
| Occupancy Type | Tenant (Single) |
| Cap Rate | 6.21 |
| Leasehold Rent $/Mo | 72369 |
Exterior Features
| Parking Features | Concrete |
|---|---|
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 0.14 |
| Building Area Total | 3551 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80211
Price
Taxes
Year Built
Visits
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