950 W 7th Avenue

Denver, CO 80204

Incomes Property  $260,000  Under Contract

08-09-2017 08:18am

Unique fixer- upper Opportunity at the Santa Fe Art District. This property is strategically located as it faces traffic, the estimated Vehicle count on Kalamath and 7th is approximately 58,000 cars per day that would allow Great visibility for business. Commercial Zoning I-A allows for many types of Business Usages (Including Retail). E.g., Restaurant, Coffee Shop, Bakery, Food Catering, Arts Studio, Barbers Shop, Physicians, Wellness, Dentists, Chiropractors, Therapists, Lawyers, Accountants, Insurance Agency, Real Estate Office, Day Care Center and more. Zoning allows usage of most of the Lot Square Footage with little set back requirements for future building additions, there are no parking requirements for future business conveniently located just Blocks from Downtown Denver.

MLS#
9641551
MLS Originator
REcolorado (Denver)
Off Market Date
08-09-2017 12:00am
Original Price
$369,900
Distance to Bus
1.00
Distance to Rail
7.00

Property
Income
Property Subtype
Commercial
Status
Under Contract
Status Conditions
None Known
Last Update
08-09-2017 08:18am
Bedrooms
2
Bathrooms
1
SqFt
873
Year Built
1893
Der PSF Total
297.82

SqFt Lot
2500.00
SqFt Finished
760
SqFt Basement
113
SqFt Above
760

Previous Year Tax
$1,193
Terms and Conditions
Cash, Conventional, FHA, VA
Transaction Type
For Sale

Appliances
Dishwasher, Refrigerator (Kitchen), Stove/Range/Oven
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0

Features
Yard
Base Size
None
Parking Spaces
1
Vehicle Spaces
0
Type
# of Space
L x W
Description
None
0
-

Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick, Stucco
Architectural Style
Victorian
Exterior Features
Yard
Construction Method
Brick
Builder Source
County Records

School District
Denver 1
Elementary School
Greenlee
Middle School
Grant
High School
West

Annual Actual Expenses
0
Annual Projected Expenses
0
Annual Actual Income
0
Annual Projected Income
0
Annual Actual Net Income
0
Annual Projected Net Income
0
Unit Furnished
0

PPA
4333333.33
Lot Width
0.00

  Watch Virtual Tour

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 950 W 7th Avenue, Denver, CO 80204
- Property Type: Incomes Property, 2 beds, 1 baths, 873 SqFT
- Selling Price: $260,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$554,900 (1)
$554,900 (1)
$554,900 (1)
$554,900 (1)
Area 2 (1-2 miles)
$554,900 (1)
$554,900 (1)
$554,900 (1)
$554,900 (1)
Area 3 (2-3 miles)
$554,900 (1)
$554,900 (1)
$554,900 (1)
$554,900 (1)
Area 4 (3-5 miles)
$471,450 (2)
$471,450 (2)
$471,450 (2)
$380,967 (3)

executed in 2.291 sec.