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Denver,CO 80211
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6903037
HOA Y/N No
Annual Tax Amount $23,668
Tax Year 2024
Lot Size 8,750 Sqft
Acres 0.2
Property Sub-Type Commercial Land
Source recolorado
Property Description
4 Bay Self Serve Car Wash PLUS Adjacent Vacant Lot! Exceptional investment opportunity in the heart of Denver's highly sought-after neighborhood. Surrounded by the LoHi, Highlands, and Sunnyside neighborhoods. This fully operational self-serve car wash offers strong, reliable income with nearly a 9% cap rate, making it an ideal choice for both cash-flow investors and land-focused developers. Positioned on a high-visibility corner lot, the property benefits from consistent customer traffic and a loyal local user base. The car wash is well-maintained, requires minimal oversight, and operates with low overhead, creating an income-producing asset from day one. There is still room to improve the property and increase cash flow. Beyond its solid cash flow, the real long-term value lies in the land. This price includes the car wash land and the vacant land across the alley. Situated in a prime urban infill location surrounded by high-end residential and mixed-use development, the property offers significant future redevelopment potential. The property was recently rezoned to allow for a 3 story building. As this property is within Denver's most desirable neighborhoods, this lot presents a rare chance to own income-producing real estate with upside for future appreciation and transformation. Don't miss this dual-benefit property—earn now and build value for tomorrow. Agent Owner. Billboard lease through Dec 2027, then Billboard company to remove the Billboard.
Location
State CO
County Denver
Zoning U-RX-3
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Corner Lot,Near Public Transit
Sewer Public Sewer
Water Public