4450 Morrison Rd, Denver, CO 80219

$1,700,000

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Courtesy of Casablanca Realty Homes, LLC . claudia.recom@hotmail.com,720-988-4589

List Price
$1,700,000
Status
ACTIVE
Days on Market
1
MLS#
7459942
Subtype
Commercial Sale
Year Built
1960
Lot Size
38,466
Acres
0.88

Property Description

PRIME DENVER COMMERCIAL INVESTMENT OPPORTUNITY – HIGHLY MOTIVATED SELLER! Excellent opportunity to acquire a versatile, income-producing commercial property in Denver's established Westwood neighborhood! Located at 4450–4460 Morrison Road, this approximately 8,996-square-foot, multi-tenant property sits on approximately 0.88 acres and offers an attractive combination of investment potential, accessibility, and a convenient central location. Strategically positioned along Morrison Road near West Kentucky Avenue, the property benefits from convenient access to Downtown Denver, approximately 5–6 miles away, as well as nearby Lakewood, Belmar, Barnum, Athmar Park, and the Federal Boulevard commercial corridor. The surrounding area offers a variety of established businesses, restaurants, retail destinations, and neighborhood amenities. Convenient connections to major transportation corridors provide access throughout the Denver metropolitan area. The property features approximately 224 feet of Morrison Road frontage, on-site parking, multiple tenant spaces, and additional storage opportunities. Its E-MX-3 zoning may provide flexibility for various commercial or mixed-use opportunities, subject to applicable zoning regulations and approvals. Offered at $1,700,000, this property presents an opportunity for investors seeking an established income-producing asset with potential for long-term appreciation and future improvements. Estimated capitalization rate of approximately 6.35%, subject to verification of operating income and expenses. SELLER IS HIGHLY MOTIVATED AND READY TO CONSIDER SERIOUS OFFERS! Don't miss this opportunity to acquire a substantial commercial property in a convenient Denver location. Schedule your private showing today!

Additional Information

Taxes
$36,206
Zoning
E-MX-3
Roof
Composition

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