Denver, CO 80218 1721 N High St

Pending
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  • MLS# 2096717
  • 08/06/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 5
  • SQFT • 8,767
  • Garage • 8

Home Details

See full OM on Loopnet. Welcome to 1721-1725 N High St, a nearly 9,000 SQF mixed-use multifamily and office property in Denver's highly walkable and historic City Park West neighborhood. 1721-1725 N High St presents a rare investment opportunity in a one-of-a-kind asset, with stable in-place income, limited downside and multiple easily achievable value-add strategies for prospective buyers. Originally constructed in 1894 on a 0.20-acre lot, the building has been updated for both commercial and residential use, with approximately $500K in capital improvements since 2022. Zoned G-RO-3, the property allows for both multifamily and commercial uses. The office portion spans approximately two-thirds of the building and is leased to a therapy services provider through August 2029, currently achieving $8,500/month in rental revenue with 3% annual escalations. One residential unit, a 1,200 SF 2BR/1BA unit, achieves in-place revenue of $2,250/month. On top of the office space and 2BR/1BA unit generating $10,700/month, the remaining 4BR/1.5BA unit is on an 18 month lease at $3750/mo. For investors, the asset offers flexible exit optionality-whether by executing a lot split, converting units to pure residential, or repositioning for executive commercial offices-all within one of Denver's most desirable urban neighborhoods. Please Downlaod Offering Memorandum or contact listing broker. Loopnet:
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Interior Features for 1721 N High St

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceAppraiser
Above Grade Finished Area6550
BasementPartially Finished
Below Grade Finished Area2217

General for 1721 N High St

AccessibilityLevel Lot
AppliancesDishwasher, Refrigerator, Washer, Dryer
AttributionContacterik.carman@compass.com, 720-663-8999
Cap Rate6.84
CityDenver
Construction MaterialsBrick
CoolingCentral Air
CountyDenver
Elementary SchoolCole Arts And Science Academy
Exclusionssellers and tenants personal property
Expected Active Date 2025-08-06
Garage Spaces8
Gross Income177600
HOANo
HeatingForced Air
High SchoolEast
High School DistrictDenver District 1
LevelsTwo
Living Area8767
MLS AreaMetro Denver
MLS Area MinorMetro14/DNE
Middle/Junior High SchoolBruce Randolph
Net Operating Income119664
New ConstructionNo
Number Of Units Total2
Operating Expense57936
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameCity Park
Tax Annual Amount42962
Tax Year2024
Unit1725
Year Built1894
ZoningG-RO-3

Exterior for 1721 N High St

Building Area Total8767
Lot FeaturesLevel
Other Parking2 Spaces/Unit
Parking FeaturesOff Street
Total Parking8
Waterfront Y/NNo

Additional Details

Price History

Schools

High School East High School
Middle School Bruce Randolph Middle School
Elementary School Cole Arts And Science Academy Elementary School

Jon Holsten

Price $1,750,000
MLS#2096717
List Date 08/06/2025
Property Type Pending
Phone 970.237.2752
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Request Info
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