1045 W 45th Avenue Denver, CO ^$ 4,500,000

1045 W 45th Avenue

^$ 4,500,000

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New Construction

1045 W 45th Avenue

Denver, CO, 80211

^$ 4,500,000

Studio Baths0.0 Sq 18,574

Monthly Estimate*

^$ 29,908

Listed by Resolute Investments Inc

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Studio

Commercial Property for sale in Denver, CO

for $4,500,000. This 18,574 square foot building was built in 1956 on a lot size of 1.26.

We are pleased to present an extraordinary opportunity in Denver's vibrant industrial district. Situated at 1045 West 45th Avenue, this freestanding property encompasses 18,574 square feet and offers a comprehensive build-out suitable for various industrial or laboratory operations. There is the potential for up-zoning, adding a valuable dimension that facilitates redevelopment in the future. This area is poised for subnational growth with 1,500 apartments planned or under construction within a 1-mile radius. Resting on a 1.26-acre lot, the facility includes a secure, paved yard that provides convenience and safety. The strategic location of the property within Denver's central industrial zone ensures smooth connectivity, thanks to easy access to the Light Rail, and the potential for rail connectivity. Designed to provide multifaceted solutions, the facility is furnished with diverse loading options, including three dock-high loading points and drive-in access with a ramp. Power requirements are efficiently met by a robust 700 Amp, 3-phase electrical supply. The clear height of the building, ranging from 12 to 20 feet, accommodates varied industrial operations with ease. Constructed originally in 1955/1956, the property has been well-maintained and stands as a testimony to resilience and adaptability. It offers a combination of potential, flexibility, and unparalleled opportunity. Previously utilized as a cannabis cultivation facility, the property has a customized build out tailored to this use and could include a significant amount of inventory of specialized equipment for cannabis cultivation and extraction.

Commercial Contingent

Price

^$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 59,124

Style

Lot Size

1.26

Year Built

1956

Town/City

Denver

County/Region

Denver

MLS | Web ID

6634905

Features

General

Sewer Public Sewer

Utilities Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Phone Available Phone Connected

Roof Composition

Zoning I-A

Garage Spaces 0

Security Features Secured Garage/Parking Security Service

Construction Materials Block Metal Frame

Year Built 1956

Electric Phase 3

Stories 1

Property SubType Industrial

Tax Year 2022

Current Use Warehouse

County Denver

Property Type Commercial Sale

Attached Garage N

Contingency None Known

Building Features Drive Indoors Gated

Status Pending

Directions From I-70 take the Pecos Street exit and head south. Turn left onto 46th Street right onto Lipan Street the left onto 45th. The property is on the north side of the street.

City Denver

Buyer Agent Compensation 2

Lot Size Units Acres

Lot Size Square Feet 54885.6

Carport Spaces 0

Street Name 45th

Listing Terms Cash Conventional

Tax Annual Amount 59124

Lease Considered Y/N Y

Lease Type NNN

Standard Status Active Under Contract

Occupancy Type Vacant

Cap Rate 0

Buyer Agent Compensation Type %

Lease Amount 14

Exterior

Lot Features Level

Water Source Public

Total Parking 50

Lot Size Area 1.26

Building Area Total 18574

Lot Size Acres 1.26

Road Surface Type Paved

Door Features Dock Door(s) Drive In Door(s)

Road Responsibility Public Maintained Road

Interior

Street Suffix Avenue

Internal Only

Street Number 1 1045

* Excluded Features

List By

Resolute Investments Inc

Broker

(303) 345-0347

Phone

Affordability Calculator

$34,835

Per Month

Monthly Principal & Interest: $29,908
Monthly Property Taxes: $4,927
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Denver, CO

Average List Price ^$2,115,424

Percent of Sale Price 53%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
8/29/2023	$4,500,000		Listed Price

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1045 W 45th Avenue, Denver, CO, 80211 is a Commercial Property for sale at $4,500,000 with 18,574 sqft and a lot size of 1.26. 1045 W 45th Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 80211 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is 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 updated as of 6/11/2024.

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1045 W 45th Avenue

Commercial Property for sale in Denver, CO

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