• 58TH DENVER, CO 80216

  • 10,150 SqFt
  • Commercial / REO Foreclosure

Property Details for 58TH St, DENVER, CO 80216

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Fantastic opportunity to own this convenience store with Conoco branded gasoline and additional strip center retail space. This business opportunity includes rents received in excess of $9,000 per month with the potential for additional rental income. The sale includes Lucky Check Cashing located inside the convenience store. Additional growth opportunity with the 8400 square feet of unused land. This lucrative investment has the potential for additional profit centers. Great access to I-25, Denver Merchandise Mart, commercial/industrial centers, and active businesses. Cap rate includes Lucky Check Cashing. Cap rate is calculate from 2020 and will be adjusted to 2021 when numbers are received.

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