05/14/2020 | Media Coverage
DRG Unveils New Branding To Reflect Expanding...
DRG has unveiled its new branding to more accurately reflect the company’s expanding business offerings.
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For Sale $1,999,999
Josh Horwitz with DRG Invest is pleased to present this exclusive listing in the 40 West Art District, named Denver’s most popular art district according to Westword in 2019. This large 18,200 square foot building offers retail and industrial use and is optimally located on Colfax, one of Colorado’s busiest and most well-known streets. This property sits on a sprawling 27,007 square foot lot, with a large courtyard, stage, and parking area, and features a new roof, new electrical, and plumbing. Value add play with potential to finish an extra 20-28 rentable units for extra income. While garages for retail use are not permitted as of yet, there is an option for conversion in the future. This property is currently utilized as an Art Gallery with multiple leased tenants, all of which are paid to current terms and intend to continue to do so. Here is your rare opportunity to own an established building with endless potential in a trendy and desirable area. Please see OM in supplements.
MLS #: 3300732
Property Type: Commercial
Property Sub Type: Retail
Lot Size Area: 27,007sqft
Acres: 0.62
Stories: 2
Tax: $19436 p/a
Parking Spaces: 36
Year Built: 1945
Listed Date: 08-24-2020
Brokered by: Denver Realty Group
This information is believed to be accurate, but without warranty.
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