1508 Tamarac ST Active

Denver,CO 80220

$ 625000

- Bed

- Bath

- SqFt


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.

Location

State CO

County Denver

Zoning E-MS-3

Interior

Fireplace N

Exterior

Garage 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

View More
Favorite Go Tour