This is your chance to own a versatile residential/commercial space in the vibrant RiNo neighborhood, with immediate access to Blake Street. The property allows for a variety of commercial uses, including Residential, Retail, Food, Office, Studio, and more. The entire space has been fully remodeled, offering modern and high-quality finishes throughout. Features include epoxy-stained concrete floors, custom kitchen cabinets, a deep-basin kitchen sink with disposal, GE Caf smart appliances, smooth-finish walls and ceilings, and built-in storage by California Closets. The bathroom boasts a marble tile shower, updated vanity, lighting, and stylish wallpaper accents. The space also includes recessed overhead lighting, a built-in desk, automated blinds, and a gated patio with a parking space conveniently located right outside the back door. Large windows in the living area flood the space with natural light. Walkability to local hotspots including: Mr. Oso Improper City The 14er Blue Sparrow Coffee Denver Central Market Convenient access to transportation: Walk to Light Rail Station (38th and Blake), just one stop to Union Station 30 minutes to Denver International Airport (DIA) Don't miss this prime opportunity to own a property in one of Denver's most desirable neighborhoods! This property is currently under a 3-year lease, with a 3% annual increase. The cap rate is 5.45%, and the property generates a monthly income of $2, 100 on a NNN basis. The tenant is responsible for the HOA fee of $358.01, property taxes of $485.15, and all utilities.
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
- Bedroom 1 Level: Main
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
Interior Features
- Built-in Features
- Eat-in Kitchen
- High Ceilings
- High Speed Internet
- Kitchen Island
- No Stairs
- Open Floorplan
- Quartz Counters
- Smart Thermostat
- Solid Surface Counters
- Wired for Data
- Furnished Description: Unfurnished
- Flooring: Concrete
- Window Features: Double Pane Windows, Window Coverings, Window Treatments
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Range Hood
- Refrigerator
- Smart Appliances
- Washer
- Laundry Features: In Unit, Laundry Closet
Other Rooms
- Bathroom (Full) Level: Main
- Laundry Level: Main
- Living Room Level: Main
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air, Natural Gas
Kitchen and Dining
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Covered, Deck, Front Porch, Patio
Garage and Parking
- Parking Features: Asphalt
- Parking Total: 1
Home Features
- View: City
- Green Energy Efficient: Appliances, Thermostat
- Security Features: Carbon Monoxide Detector(s), Secured Garage/Parking, Video Doorbell
Homeowners Association
- Association: Yes
- Association Amenities: Gated
- Association Fee: 358
- Association Fee Frequency: Monthly
- Association Fee Includes: Capital Reserves, Exterior Maintenance w/out Roof, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
- Calculated Total Monthly Association Fees: 358
- Association Name: Fire Clay Lofts
- Association Phone: 3038322971
- Pets Allowed: Cats OK, Dogs OK
School Information
- Elementary School: Wyatt
- Elementary School District: Denver 1
- High School: Manual
- High School District: Denver 1
- Middle School: Bruce Randolph
- Middle or Junior School District: Denver 1
Other Property Info
- Annual Tax Amount: 5822.00
- Source Listing Status: Active
- County: Denver
- Tax Year: 2024
- Distance To Bus: 2
- Distance To Bus Units: Blocks
- Source Property Type: Residential
- Exclusions: tenant's personal property.
- Property Subtype: condo
- Source Neighborhood: RiNo
- Parcel Number: 2275-04-110
- Subdivision: RiNo
- Zoning: C-MU-10
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 691
- Year Built: 2005
- Above Grade Finished Area: 691
- Building Name: Fire Clay Lofts
- Common Walls: End Unit, No One Below, 1 Common Wall
- Construction Materials: Cement Siding
- Entry Level: 1
- Entry Location: Exterior Access
- Foundation Details: Slab
- Levels: One
- Property Age: 20
- Property Attached: Yes
- Property Condition: Updated/Remodeled
- Structure Type: Low Rise (1-3)
- Architectural Style: Urban Contemporary
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Electricity Connected
- Internet Access (Wired)
- Natural Gas Connected
- Phone Available
- Water Source: Public
