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Active Commercial

1200 E 24th Avenue

Denver, CO 80205

RECOLORADO #4895373 Updated: Feb 3, 2026, 4:30pm
$1,500,000
0 Beds • 0 Baths • 3,101 SqFt
Property
ActiveCommercial
1/9
$1,500,000

1200 E 24th Avenue

Denver, CO 80205
0
Beds
0
Baths
3,101
SqFt
0.29
Acres
RECOLORADO
#4895373
Updated: Feb 3, 2026, 4:30pm

Property Description

Tremendous opportunity with this very unique situation! This listing includes both 2344/2346 Downing Street & 1200-1206 E 24th Ave. Two separate legal parcels allow you to get two conventional (even FHA) loans and two insurance policies offering better rates and terms than commercial products. You could sell the parcels separately or go one step further and sell each unit individually through a party wall split. However, this also makes a great hold! Offered at over a 5.8% cap rate on actual numbers, this turnkey asset boasts 2 to 1 parking, WA/DR in each unit, separate hot water heaters and HVAC systems. (5 of the 6 have central air) Large lot that would allow you to build additional units through an ADU. Long term tenants who pay their own electric and gas. Ideally located close to downtown, Rino, RTD, parks, shopping, restaurants, etc.

Property Details

Interior
Building Area Total
3101
Security Features
Carbon Monoxide Detector(s)Smoke Detector(s)
Construction
Also Marketed As
Residential IncomeCommercial Sale
Architectural Style
Traditional
Construction Materials
Brick
Number Of Units Total
6
Roof
Composition
Structure Type
Free Standing
Year Built
1945
Year Built Effective
2020
Site & Exterior
Current Use
Multi-Family
Electric
220 Volts
Lot Features
Corner LotNear Public Transit
Lot Size Acres
0.29
Lot Size Area
12668
Lot Size Square Feet
12668
Lot Size Units
Square Feet
Offstreet Spaces
12
Parking Ratio
2:1
Parking Total
12
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Alley PavedPaved
Sewer
Public Sewer
Utilities
Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
Water Included
Yes
Water Source
Public
Zoning
U-SU-B1
Financials
Contract Earnest Check To
Heritage Title
Contract Min Earnest
25000.00
Documents Available
LeasesLegal DescriptionProfit/Loss StatementRental Average
Exclusions
Tenants' personal possessions
Owner Pays
TaxesTrash CollectionWater
Parcel Number
2352-20-001
Tax Annual Amount
4618
Tax Legal Description
NURSERY ADD BLK 32 L1 TO 4 INC EXC W 86FT OF L3 & 4 & EXC W86FT OF S 3FT OF L2 AND W 86FT OF L 3 & 4 & OF S 3FT OF 2 BLK 32 NURSERY ADD
Tax Year
2024
Title Company
Heritage Title

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: Feb 3, 2026, 4:30pm.
Matt Moon

Listing Agent

Synergy Associates Inc

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