Industrial Building Sold $1,750,000.00

527 W 43rd Ave in Denver.

The RTD Gold Line will have its Station at 41st & Fox which is two blocks away from this site!! This will be a hot location once light rail goes in which is projected to start in 2012. Have a lease on bar and month to month rents on apartments. The property is on 4 city lots on corner of 43rd & Fox.

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527 W 43rd Ave
Denver, CO 80216
Market: Metro Denver/Boulder
Submarket: Central
Cross Streets: NE of W 43rd Ave and Fox St

Listing Summary

Sale Type:Investment
Price: $450,000

Income: $48,000.00
Cap Rate: 0.28%
Price: $1,150,000
Price/SF: $159.17 /SF
Building Size: 7,225 SF
Existing Lot Size: 0.29 Ac.
Specific Use: Restaurant
Year Built: 1891
Parking Spaces: 25