3002 W 23rd Avenue, Denver, 80211

See all 5 Photos

Map View

Favorite

Notes

Payments

Request a Showing

3002 W 23rd Avenue

Denver, 80211

FOR

SALE

$1,500,000

Active

5,836

Sq.Ft.

0.24

Acres

1926

Yr. Built

MLS# 5766085

Cumulative Days on Market: Less than 1 (since January 9th, 2025) Data provided by the MLS.

Property Details

This property is in a busy location off of W. 23rd Ave and Federal Blvd. The property is currently 100% occupied with 4 tenant spaces- a bakery, an accountant, a salon. and a gym. There is a parking lot adjacent to the building with 12 spaces. The tenants have been there long-term and have room to grow the rents towards the current market rents. This property has an estimated CAP rate of 5.85% or better if rents are brought up to market. Leases are set to expire this year. One is expected at the end of August and the others by the end of December 2025. This building is located in the Witter-Cofield Historic Neighborhood.

Get Directions

Print Flyer

Ask a Local Expert

Comments and Questions

*Your Name

Submit Question

Property Highlights

Price

$1,500,000

Property Type

Commercial Sale

Property Sub Type

Retail

Living Area

0.00

Acres

0.24

Year Built

1926

Location

County

Denver

Zoning

G-MX-3

Property Details

Price

$1,500,000

Property Sub Type

Retail

Property Type

Commercial Sale

Building

Structure Type

Strip Center

Total Area

5,836

Interior Features

Area and Spaces

Number of Units

Building Details

Construction

Year Built

1926

Materials

Construction Materials

Brick, Concrete, Wood Frame

Roof

Wood

Terms

Commercial

Cap Rate

5.85

Terms

Exclusions

Tenant's personal property.

Special Terms

Cash, Conventional

Taxes

Tax

Tax (Annual)

$22,450

Heating, Cooling & Utilities

Utilities

Sewer

Public Sewer

Utilities

Electricity Available, Natural Gas Available

Water Source

Public

Lot

Acres

0.24

Lot Features

Corner Lot, Historical District, Near Public Transit

Lot Size

10,385

Lot Size Area Sq Ft

10,385

Parking

Total Parking Spaces

Listed by Grace Management & Invest., alexis@rentgrace.com.

Listing Data last updated 01/09/2025 07:20 pm

Get a Link to this Property: Copy To Clipboard

View Census Data

View Schools

Phone:

Payment Calculator

per month. Fixed. % interest.

Home Price

Down Payment

Loan Type

Interest Rate

Total interest paid over s will be:

Principal & Interest

Home Insurance

Property Tax

HOA Fees

All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 10-Jan-2025 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2025 Buying Buddy. All calculations should be independantly verified.

Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
This is not a credit decision or a commitment to lend.
Depending on loan guidelines, mortgage insurance may be required
If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
Your monthly payment is not based on APR, but instead on the interest rate on your Note.
Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. This Payment Calculator tool is Copyright © 2025 Buying Buddy. All calculations should be independantly verified.
Please contact a loan specialist to get specific payment examples and information regarding your particular needs.

Get Walk Score Content

Property History

Today

Property information last updated

Today

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

Similar Properties

Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 01/09/2025 07:20 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Listing Data last updated: 01/09/2025 07:20 pm

3002 W 23rd Avenue - MLS#5766085 - $1,500,000

Listed by Grace Management & Invest.

{"property_id":"denver_5766085","AboveGradeFinishedArea":"0","AccessibilityFeatures":"","Appliances":"","ArchitecturalStyle":"","AssociationAmenities":"","AssociationFee":"0.00","AssociationFeeFrequency":"","AssociationFeeIncludes":"","AssociationYN":"","AttributionContact":"alexis@rentgrace.com","Basement":"","BasementYN":"","BathroomsFull":"0","BathroomsHalf":"0","BathroomsOneQuarter":"0","BathroomsThreeQuarter":"0","BelowGradeFinishedArea":"0","BuilderModel":"","BuilderName":"","BuyerAgentFullName":"","BuyerAgentEmail":"","BuyerAgentDirectPhone":"","BuyerOfficeName":"","BuyerFinancing":"","CapRate":"5.85","CityRegion":"","CommonInterest":"","CommunityFeatures":"","ComplexName":"","ConstructionMaterials":"Brick, Concrete, Wood Frame","Contingency":"","Cooling":"","CountyOrParish":"Denver","CoveredSpaces":"0","CurrentFinancing":"","DevelopmentName":"","DevelopmentStatus":"","DirectionFaces":"","DoorFeatures":"","Electric":"","ElementarySchool":"","Exclusions":"Tenant's personal property.","ExteriorFeatures":"","Fencing":"","FireplaceFeatures":"","FireplaceYN":"","FireplacesTotal":"0","Flooring":"","FoundationDetails":"","GarageSpaces":"0.00","GreenBuildingVerificationType":"","GreenEnergyEfficient":"","GreenEnergyGeneration":"","GreenIndoorAirQuality":"","GreenLocation":"","GreenSustainability":"","GreenWaterConservation":"","Heating":"","HighSchool":"","HorseAmenities":"","HorseYN":"","Inclusions":"","IndoorFeatures":"","InteriorFeatures":"","InternetAddressDisplayYN":"","LaundryFeatures":"","Levels":"","ListAgentFullName":"Alexis Myers","ListAgentEmail":"","ListingTerms":"Cash, Conventional","LivingArea":"0.00","LotFeatures":"Corner Lot, Historical District, Near Public Transit","LotSizeArea":"10385.00","LotSizeDimensions":"","LotSizeSquareFeet":"10385.00","MainLevelBathrooms":"0","MainLevelBedrooms":"0","MiddleOrJuniorSchool":"","Model":"","NewConstructionYN":"","NumberOfUnitsTotal":"4","OtherParking":"","Ownership":"","ParkingFeatures":"","ParkingTotal":"12","PatioAndPorchFeatures":"","PoolFeatures":"","PoolYN":"","PoolPrivateYN":"","PropertyAttachedYN":"","PropertyCondition":"","PropertySubType":"Retail","public_remarks":"This property is in a busy location off of W. 23rd Ave and Federal Blvd.  The property is currently 100% occupied with 4 tenant spaces- a bakery,  an accountant,  a salon. and a gym. There is a parking lot adjacent to the building with 12 spaces. The tenants have been there long-term and have room to grow the rents towards the current market rents. This property has an estimated CAP rate of 5.85% or better if rents are brought up to market. Leases are set to expire this year. One is expected at the end of August and the others by the end of December 2025. This building is located in the Witter-Cofield Historic Neighborhood.","Roof":"Wood","RoomsTotal":"0","SchoolDistrict":"","SecurityFeatures":"","SeniorCommunityYN":"","Sewer":"Public Sewer","SkiFeatures":"","SpaFeatures":"","SpaYN":"","SpecialListingConditions":"","StandardStatus":"","StateRegion":"","StoriesTotal":"0","StructureType":"StripCenter","TaxAnnualAmount":"22450.00","Utilities":"Electricity Available, Natural Gas Available","View":"","ViewYN":"","VirtualTourURLUnbranded":"","WalkScore":"0","WaterBodyName":"","WaterSource":"Public","WaterfrontFeatures":"","WaterfrontYN":"","WindowFeatures":"","YearBuilt":"1926","Zoning":"G-MX-3","ZoningDescription":"","property_uid":"REC2042918787","listing_status":"active","mls_status":"Active","mls_id":"denver","listing_num":"5766085","acreage":"","acres":"0.24","address":"","address_direction":"W","address_flg":"1","address_num":"3002","agent_id":"045460","area":"","baths_total":"0.00","bedrooms_total":"0","car_spaces":"0","city":"Denver","coseller_id":"","coagent_id":"","days_on_market":"0","finished_sqft_total":"0","geocode_address":"3002 W 23rd Avenue","geocode_status":"","lat":"39.75102202","lon":"-105.02571046","office_id":"M0011","office_name":"GRACE MANAGEMENT & INVEST.","orig_price":"1500000","photo_count":"5","previous_price":"0","price":"1500000","prop_img":"\/listing\/photos\/denver\/5766085-0.jpeg","property_type":"Commercial Sale","sqft_total":"5836","state":"CO","street_type":"Avenue","street_name":"23rd","sub_area":"","unit":"","zip_code":"80211","listing_dt":"2025-01-09","undercontract_dt":"0000-00-00","openhouse_dt":null,"price_change_dt":"0000-00-00","seller_id":"","seller_office_id":"","sold_dt":"0000-00-00","sold_price":"0","webapi_update_dt":"0000-00-00 00:00:00","update_dt":"2025-01-09 18:03:35","create_dt":"2025-01-09 17:02:08","marketing_headline_txt":null,"use_marketing_description_txt":null,"banner_flg":null,"banner_headline":null,"banner_location":null,"banner_description":null,"marketing_description_txt":null,"showcase_layout":null,"mortgage_calculator":null,"property_history":null,"marketing_account_id":null}

Start of property details

Property Details

Ask a Local Expert

Property Highlights

Location

Property Details

Building

Interior Features

Area and Spaces

Building Details

Construction

Materials

Terms

Commercial

Terms

Taxes

Tax

Heating, Cooling & Utilities

Utilities

Lot

Parking

Payment Calculator

Assumptions and Disclosures

Property History

Similar Properties