Listed By:
Pinnacle Real Estate Advisors;
Address
1331 Columbine Street, Denver, CO
Price
$ 1,430,000
Property Attributes
  • MLS#9682987
  • TypeCommercial
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • Zip80206
  • StyleDenver Square
  • Year Built1902
  • Taxes$ 6392
  • Price$ 1,430,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5288
  • Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Property Features • $120k Price Reduction! • Beautifully Renovated, Turn-Key Asset with Newer: Kitchens, Bathrooms, Floors, Electrical, Plumbing, Windows, Roof, Parking Lot, Boiler & Hot Water Heaters • Excellent Location Near Cheesman and Congress Parks • 6.84% Proforma CAP Rate • (11) Off-Street Parking Spaces Provide Additional Income • Bike Storage and On-Site Laundry • Large Fenced Yard with Potential for Dog Run or other Community Use • Strong Neighborhood Demographics: Average Household Income of $126,907 within One Mile • Can be Purchased with 5955 Yukon St, Arvada

Price History
6/22/2026 Listed $1,550,000
7/28/2026 8$1,430,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Available,Electricity Connected,Internet Access (Wired),Phone Available,Phone Connected
Roof Composition
Zoning G-MU-3
Architectural Style Denver Square
Construction Materials Brick,Frame
Exclusions Tenant possessions
Year Built 1902
Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone,Water
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Gross Income 129382
OwnerPays Taxes,Trash Collection
County Denver
Operating Expense 42155
Property Type Commercial Sale
Attached Garage No
Building Features Wi-Fi
Status Active
City Denver
Number Of Units Total 9
Lot Size Units Acres
Lot Size Square Feet 6098.4
Listing Terms Cash,Conventional
Tax Annual Amount 6392
Lease Considered Y/N No
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.1

Exterior Features

Lot Features Landscaped,Near Public Transit
Water Source Public
Total Parking 11
Lot Size Area 0.14
Building Area Total 5288
Lot Size Acres 0.14
Road Surface Type Paved
Road Frontage Type Public

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 80206

Price
AVG $1.54M
$1.43M
Taxes
AVG $14,465
$6,392
Year Built
AVG 1929
1902
Visits
AVG 69
59
Data Provided by Inside Real Estate®