$ 625,000
1508 Tamarac ST Denver, CO 80220
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$ 625,000
Est. payment /mo
Active
1508 Tamarac ST Denver, CO 80220
5,662 Sqft Lot
UPDATED:
09/24/2024 03:41 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9074361
Style Bungalow
HOA Y/N No
Originating Board recolorado
Year Built 1932
Annual Tax Amount $2,757
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
100% Occupied Current Cap rate 6.3% - ZONING ALLOWS for Business/Commercial and Residential - This is a Prime location with high traffic, ideal for office or retail business. Uses include but are not limited to: Arts, recreation, entertainment, Eating or Drinking establishment, Office, Retail Sales, Service & Repair, Light automotive Vehicle / Equipment Sales, Rentals, Service & Repair, and Home Occupations (Live/work) With two units on one lot, there are several business opportunities
*With Two Units - If you purchase you can have front as your main businesses and use back for are apartment rental or rent to a small retail business. Property is currently leased and tenant can stay or available when lease ends.
Front unit: has 2 private room/offices, large waiting area or store front, kitchen and breakroom, conference room/or additional space in lower level. Back: Open room and 1 private room, 1 full bath with break room
*Units are separately metered for gas and electric. Both units do share one water tap
RESIDENTIAL:
Residential Two houses on one lot. Excellent investment property or a use as single family home with charming Accessory Dwelling Unit (ADU). ADU is on separate gas and electric meters great income. Two completely separate units each has own privacy, with fence and separate parking. The main house is in great condition, move in ready and can live in or rent out. 2016 sq feet in the main house + finished attic (not included in sq ft) which is very rare to find a home with this size in the area with an ADU. Some updating included paint, carpet, flooring. With 3 bedrooms, 2 Full bathrooms, a finished attic/loft area. There currently is a hideaway staircase to the loft but potential for a metal spiral staircase for more convenience. There is finished basement in the main house. The ADU is about 400 square feet and is 1 bedroom, 1 bathroom with efficiency kitchen and quaint living/dining room.
*With Two Units - If you purchase you can have front as your main businesses and use back for are apartment rental or rent to a small retail business. Property is currently leased and tenant can stay or available when lease ends.
Front unit: has 2 private room/offices, large waiting area or store front, kitchen and breakroom, conference room/or additional space in lower level. Back: Open room and 1 private room, 1 full bath with break room
*Units are separately metered for gas and electric. Both units do share one water tap
RESIDENTIAL:
Residential Two houses on one lot. Excellent investment property or a use as single family home with charming Accessory Dwelling Unit (ADU). ADU is on separate gas and electric meters great income. Two completely separate units each has own privacy, with fence and separate parking. The main house is in great condition, move in ready and can live in or rent out. 2016 sq feet in the main house + finished attic (not included in sq ft) which is very rare to find a home with this size in the area with an ADU. Some updating included paint, carpet, flooring. With 3 bedrooms, 2 Full bathrooms, a finished attic/loft area. There currently is a hideaway staircase to the loft but potential for a metal spiral staircase for more convenience. There is finished basement in the main house. The ADU is about 400 square feet and is 1 bedroom, 1 bathroom with efficiency kitchen and quaint living/dining room.
Location
State CO
County Denver
Zoning E-MS-3
Interior
Fireplace N
Exterior
Parking Features Driveway-Dirt, Driveway-Gravel
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Roof Type Composition
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Stucco,Wood Frame,Wood Siding
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by A PERFECT LOCATION REALTY • Kristen@APerfectLocationRealty.com,303-503-9823