845 Wyandot StDenver, CO 80204

For Sale
$1,200,000

3,475 SF Warehouse, High Cap Rate Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This 3,475-square-foot industrial warehouse, built in 1957 and renovated in 2008, presents a compelling owner-user or investment opportunity. Located at 845 Wyandot St, Denver, CO 80204, this Class C property sits on a 13,670-square-foot lot and boasts a prime location adjacent to I-25 and with easy access to 6th Ave. The property features two loading docks with two dock-high doors, 8-16 foot ceiling heights, and 20 parking spaces. Currently vacant, the property offers a flexible space ideal for various uses. The building includes office space and a fenced yard. The asking price is $1,200,000, representing a current cap rate of 2.00% and a pro-forma cap rate of 3.70%. The property's Net Operating Income (NOI) is currently $24,000, with a pro-forma NOI of $44,357. The property is zoned I-B and consists of one building on one story. The property is comprised of three separate legal lots. This is a rare opportunity to acquire a well-located industrial property with significant upside potential. The property is currently vacant with an occupancy date of July 1, 2024. The APN is 5043-27-015.

Highlights

  • 3,475 SF industrial warehouse on a 13,670 SF lot in Denver, CO.
  • Excellent location adjacent to I-25 and with easy access to 6th Ave.
  • Property consists of three separate legal lots.

Property Details for 845 Wyandot St

Property type
Other warehouses, Other industrial properties
Square Feet
3,475 SF
Class
C
Year Built/Renovated
1957/2008
Buildings
1
Stories
1
Units
1

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.729889667701
Longitude
-105.01397001881
845 Wyandot St, Denver, Colorado

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845 Wyandot St
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