Property Detail

1612 Wazee St, Denver, CO 80202, USA

2 Blocks to Union Station.

$12,500,000

Qty:

Description

INVESTMENT HIGHLIGHTS

2 Blocks to Union Station, Steps from 16th Street Mall
Long Term Stable Tenants on NNN leases

Remodeled

EXECUTIVE SUMMARY

2 NNN Leases in place, 1 for the hotel and 1 for the night club. 2 small vacant spaces exist; 1 for the speak easy and 1 for the basement kitchen.

AMENITIES

Balcony
Restaurant

High Speed Internet Access
On-Site Bar

Boutique/Lifestyle Hotel
Public Access Wifi

Smoke-Free
Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION	NO. ROOMS	DAILY RATE	SF
Suite	2	$324.00	-
Guest Room	17	$149.00

PROPERTY TAXES

Parcel Number	2331-11-032	Improvements Assessment	$336,100 (2022)
Land Assessment	$242,800 (2022)	Total Assessment	$578,900 (2022)

Paul Aceto

+1 303-579-4611

Sarah Hellman

+1 303-520-7415

Specification

General

Building Size : 14541
Lot Size : 0.1400
Sale Type : Investment
Zoning : D-LD (Lower Downtown)
Year of Built : 1895
Year of Remodeled : 2015
Number Of Rooms : 19

Financials

Cap Rate : 7.48

Hospitality

Parking Spaces :
Hotel Laundry Equipments :
Guest Laundry Equipments :
Swimming Pool :

1612 Wazee St.

# 492

SKU: 492

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