1721-1725 N High Street, Denver, CO 80218
- $1,625,000
- 8,767
- SqFt
- Sold Price
- $1,625,000
- List Price
- $1,750,000
- Closing Date
- May 13, 2026
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- CLOSED
- MLS Number
- 2096717
- Sqft Total
- 8,767
- Neighborhood
- City Park
- Year Built
- 1894
Property Description
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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Additional Information
- Tax Amount
- $42,962
- Tax Year
- 2024
- Sewer
- Public Sewer
- Basement Type
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Denver 1
- Elementary School
- Cole Arts And Science Academy
- Middle Or Junior School
- Bruce Randolph
- High School
- East
- Parking Total Searchable
- 8
Mortgage Calculator
Courtesy of Compass - Denver . erik.carman@compass.com,720-663-8999
Selling Office: Compass - Denver.