Mississippi Plaza

1380 W Mississippi Ave, Denver, CO 80223

  • For Sale $4,025,000
  • Property Type Multi-Family
  • Property Size 13,560 SF
  • Units 24
  • Lot Size 0.43 Acre
  • Parking Spaces Avail. 30
  • Building Class C
  • Year Built 2021
  • Date Updated Feb 18, 2025
Less than One Mile to Gates District Redevelopment and Broadway Light Rail StationJUST LISTED! 24-Unit Apt Bldg in Denver; 6.65% Current CAP Rate!
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Highlights

  • 6.75% Current CAP Rate!
  • Rare Opportunity to Purchase 1980’s Construction in Denver
  • Newer Roof, Windows and Electric Panels
  • Just 3.87% Current Vacancy = Immediate Rental Upside
  • Proforma Rents Already Being Achieved
  • Walk-in Closets in all Units
  • Strong Neighborhood Demographics: $107,560 Average Household Income in Two Mile Radius
  • Less than One Mile to Gates District Redevelopment and Broadway Light Rail Station
  • Quick Access to I-25, US Hwy 85, Downtown Denver, Denver Tech Center and Rocky Mountains
  • Walk to Public Transportation, Parks, Restaurants and Places of Employment

Contacts

broker

Pinnacle Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Denver, CO
  • Neighborhood Ruby Hill
  • Zip Code 80223
  • Market Denver

Points of Interest

  • 10th & Osage

    2.44 miles

  • Bakken Motorcars

    3.29 miles

  • Union Station Light Rail Plaza

    4.07 miles

  • Olde Town Arvada

    8.18 miles

  • Commerce City & 72nd

    9.53 miles

  • Conoco

    0.48 miles

  • Shell

    0.51 miles

  • Aqua Golf

    0.72 miles

  • Phillips 66

    0.99 miles

  • Diamond Shamrock

    1.00 miles

  • Sinclair

    1.03 miles

  • Super Save

    1.24 miles

  • ChargePoint

    1.27 miles

  • SemaCharge

    1.30 miles

  • Electrify America

    3.85 miles

  • Handicapped

    0.85 miles

  • I-25 & Broadway Park-n-Ride

    0.89 miles

  • Evans Station Park-n-Ride

    1.45 miles

  • Brittany House (Permit Only)

    1.89 miles

  • Ogden St S

    1.90 miles

  • Paragon (Permit Only)

    1.92 miles

  • Private

    1.92 miles

  • Vendors

    1.93 miles

  • Ambassador East

    1.99 miles

  • West Lot

    1.99 miles

  • Red Pine Motel

    1.05 miles

  • TownePlace Suites by Marriott Denver Downtown

    2.24 miles

  • Comfort Suites Near Denver Downtown

    2.35 miles

  • Ember Hostel

    2.54 miles

  • 11th Avenue Hotel and Hostel

    2.74 miles

  • the Art Hotel

    2.84 miles

  • Element Denver Downtown East

    2.87 miles

  • Moxy Denver Cherry Creek

    2.93 miles

  • Halcyon

    2.95 miles

  • Hotel Clio, a Luxury Collection Hotel, Denver Cherry Creek

    2.99 miles

  • Taqueria La Noria

    0.45 miles

  • Breakfast King

    0.63 miles

  • McDonald's

    0.68 miles

  • Somebody People

    0.84 miles

  • Baked N' Denver

    0.87 miles

  • GB Fish and Chips

    0.88 miles

  • Adelitas Cocina Y Cantina

    0.89 miles

  • Maria Empanada

    0.90 miles

  • Pasquini's Pizzeria

    0.91 miles

  • Tikka & Grill

    0.92 miles

  • Valverde Elementary School

    0.45 miles

  • Goldrick Elementary School

    0.61 miles

  • Godsman Elementary School

    0.68 miles

  • Saint Rose of Lima Catholic School

    0.91 miles

  • Rishel Middle School

    0.94 miles

  • KIPP Denver Collegiate High School;KIPP

    1.03 miles

  • Schmitt Elementary School

    1.04 miles

  • McKinley-Thatcher School

    1.05 miles

  • Lincoln Elementary School

    1.29 miles

  • University of Denver

    2.56 miles

  • Day Care

    2.33 miles

  • Fisher Early Learning Center - University of Denver

    2.36 miles

  • Auraria Early Learning Center

    3.04 miles

  • Sunshine Academy

    3.33 miles

  • Englewood Early Childhood Education (ECE) Program at Maddox

    3.50 miles

  • Little Harvard Academy

    3.52 miles

  • Bright Horizons

    3.73 miles

  • Iliff Preschool Kindergarten & School-Age Summer Camp

    3.76 miles

  • Primrose School at Colorado Station

    3.78 miles

  • Little Saints Day Care

    4.15 miles

Frequently Asked Questions

How much does Mississippi Plaza cost?

The space currently listed for sale at Mississippi Plaza asks for $4,025,000.

What is the total square footage of Mississippi Plaza?

Mississippi Plaza totals 13,560 square feet.

When was this property built?

Mississippi Plaza was built in 2021.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Pinnacle Real Estate Advisors

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