Listed By:
Madison & Company Properties;
Address
961 N Marion Street, Denver, CO
Price
$ 1,200,000
Property Attributes
  • MLS#8417213
  • TypeCommercial
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • Zip80218
  • Style
  • Year Built1929
  • Taxes$ 3689
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4050
  • Lot Size0.2 Acres
Data Source:
REColorado (MTOMLS)
Property Description

The site includes 24 leased storage/garages that provide great rental income. Currently leasing garage units for $275 a month. New electrical panel 2026. This is also a rare infill development opportunity just three blocks west of Cheesman Park. This G-MU-3-zoned property supports multi-unit residential, commercial, or mixed-use development. Located near Cherry Creek, Wash Park, and downtown, it offers prime positioning and flexibility to maintain as a current rental or for development opportunities.

Price History
8/1/2026 Listed $1,300,000
9/22/2026 8$1,200,000

General Features

Sewer Public Sewer
Utilities Electricity Connected
Zoning G-MU-3
Garage Spaces 24
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1929
Property Subtype Special Purpose
Tax Year 2025
Current Use Commercial
Gross Income 60000
County Denver
Operating Expense 5284
Property Type Commercial Sale
Attached Garage Yes
Status Active
City Denver
Number Of Units Total 24
Lot Size Units Square Feet
Lot Size Square Feet 8860
Listing Terms Cash,Conventional
Tax Annual Amount 3689
Standard Status Active
Occupancy Type Tenant
Cap Rate 4.2

Exterior Features

Total Parking 24
Lot Size Area 8860
Building Area Total 4050
Lot Size Acres 0.2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80218

Price
AVG $2.51M
$1.2M
Taxes
AVG $37,812
$3,689
Year Built
AVG 1946
1929
Visits
AVG 133
9
Data Provided by Inside Real Estate®