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2855 & 2875 N Harrison St Redevelopment 2 Multifamily Properties Offered at $3,735,153 CAD in Denver, CO

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INVESTMENT HIGHLIGHTS

  • Covered Land Play Opportunity on Large 0.93 Acre Lot
  • Strong Neighborhood Demographics: $123,271 Average Household Income Within 1 Mile Radius
  • Nearby Recent Developments
  • Zoning: E-MU-2.5 (Allows for Duplexes, Townhomes, etc.)
  • Three, Single Story Brick Buildings with Pitched Roofs
  • Walking Distance to City Park Golf Course, Denver Zoo and Denver Museum of Nature & Science

EXECUTIVE SUMMARY

PRICE REDUCED! Covered land play opportunity on large 0.93 acre lot in Denver. Walking distance to City Park, Denver Zoo and Denver Museum of Nature and Science. Zoning allows flexibility in residential form, permitting urban houses, duplexes, townhomes, garden court developments, small apartment buildings, and accessory dwelling units (ADUs), all within a 2.5-story height limit.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD)
Gross Rental Income $333,950
Other Income $3,901
Vacancy Loss $16,893
Effective Gross Income $320,959
Taxes $19,670
Operating Expenses $72,831
Total Expenses $92,502
Net Operating Income $228,457

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $333,950
Other Income (CAD)
Annual $3,901
Vacancy Loss (CAD)
Annual $16,893
Effective Gross Income (CAD)
Annual $320,959
Taxes (CAD)
Annual $19,670
Operating Expenses (CAD)
Annual $72,831
Total Expenses (CAD)
Annual $92,502
Net Operating Income (CAD)
Annual $228,457

PROPERTY FACTS

Price $3,735,153 CAD
Price / SF $354.55 CAD / SF
Sale Condition Redevelopment Project
Cap Rate 6.12%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,535 SF
Total Land Area 0.93 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2855 N Harrison St, Denver, CO 80205 Multifamily 6,700 SF 1952 -
2875 N Harrison St, Denver, CO 80205 Multifamily 3,835 SF 1953 -
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  • Listing ID: 36866571

  • Date on Market: 2025-07-22

  • Last Updated:

  • Address: 2855 & 2875 N Harrison St Redevelopment, Denver, CO

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