Property Attributes
- MLS#6115246
- TypeCommercial
- Listing Status Active
- CountyDENVER
- CityDenver
- Zip80222
- Style
- Year Built2016
- Taxes$ 143284
- Price$ 5,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage27762
- Lot Size0.96 Acres
Data Source:
REColorado (MTOMLS)
Property Description
5925 E. Evans Avenue presents a rare opportunity to acquire a 27,762 SF mixed-use industrial, office, and retail asset in one of Denver’s most supply-constrained infill submarkets. Built in 2016 and situated on 41,954 SF of I-MX-3 zoned land along the highly visible Evans Avenue corridor, the property features five drive-in doors, 18’ clear heights, 3-phase power, and a flexible small-bay layout that appeals to a wide range of users and tenants. Currently 94.6% occupied with a diverse rent roll across industrial, office, and retail tenants, the asset generates $424,390 in current NOI (7.13% cap rate) with a clear path to $555,690 in market NOI (9.34% cap rate) through lease-up of vacancy and rent normalization. Offered at $5,950,000 ($214/SF), the property is priced below replacement cost and below blended comparable values, creating both strong in-place cash flow and meaningful upside through continued stabilization and long-term appreciation in a high-demand central Denver location.
| Price History | |
|---|---|
| 5/11/2026 | Listed $5,950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | I-MX-3 |
| Year Built | 2016 |
| Stories Count | 3 |
| Property Subtype | Office |
| Tax Year | 2025 |
| Current Use | Commercial,Industrial,Office |
| Gross Income | 475854 |
| County | Denver |
| Operating Expense | 379069 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Denver |
| Number Of Units Total | 17 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 41954 |
| Tax Annual Amount | 143284 |
| NumberOfUnitsVacant | 5 |
| Lease Considered Y/N | Yes |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 6.55 |
Exterior Features
| Lot Size Area | 41954 |
|---|---|
| Building Area Total | 27762 |
| Lot Size Acres | 0.96 |
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
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