Start of property details
1612 Wazee Street, Unit 1
Denver, 80202
FOR
SALE
$13,500,000
For Sale
14,541
Sq.Ft.0.14
AcresMLS# 8878722
Listed on site 4 days since September 16th, 2023
Property Details
Unveiling the Epitome of Denver's Nightlife and Hospitality: 1612 Wazee St. Hotel and Nightclub! This is a rare opportunity to acquire a thriving hospitality and entertainment property in one of Denver's most dynamic neighborhoods. 1612 Wazee St. offers 2 stable tenants with NNN Leases in place including the Hotel and Nightclub. It also offers the opportunity for additional revenue from 2 vacant spaces including a fully equipped kitchen and an ideal space for a speakeasy in the rear of the building. The hotel features 18 meticulously designed rooms accessed from a separate entrance, including 15 standard rooms and 3 suites, and several private balconies making it a favorite among travelers seeking a luxurious stay in the Mile-High City. The nightclub is renowned for its electrifying ambiance, attracting both locals and tourists with themed events, live DJ performances, and signature cocktails. In 2018, major capital improvements were made to the lobby and night club. In 2019, additional renovations were completed on the previously vacant 4th floor with the addition of 4 guest rooms. In 2022, additional capital improvements were made to other rooms and common areas of the hotel including fixtures, flooring, plumbing and mechanicals. Located just steps from 16th Street Mall and within walking distance of Union Station (2 blocks), Coors Field (3 blocks) and Ball Arena (4 blocks). Invest in the legacy of 1612 Wazee St. and become a part of Denver's ever-evolving story!
Property Highlights
Price
$13,500,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Architectural Style
Urban Contemporary
Year Built
1892
Acres
0.14
Location
County
Denver
Zoning
D-LD
Property Details
Price
$13,500,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale
Building
Structure Type
Mid Rise (4-7)
Total Area
14,541
Interior Features
Area and Spaces
Number of Units
21
Interior Features
Security Features
Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security Entrance, Security System, Smoke Detector(s)
Building Details
Construction
Architectural Style
Urban Contemporary
Year Built
1892
Materials
Construction Materials
Brick
Roof
Membrane
Terms
Commercial
Cap Rate
6.90
Terms
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$13,351
Heating, Cooling & Utilities
Utilities
Sewer
Public Sewer
Utilities
Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Water Source
Public
Lot
Acres
0.14
Lot Features
Near Public Transit
Lot Size
6,262
Lot Size Area Sq Ft
6,262
Exterior Features
Exterior Features
Balcony
Listed by New Vision Realty, [email protected], 303-579-4611. Listing Data last updated 21st September, 2023 11:00 MST
Get a Link to this Property: Copy To Clipboard
Phone:
Payment Calculator
per month.
Fixed.
% interest.
Total interest paid over s will be:
Principal & Interest
Home Insurance
Property Tax
HOA Fees
All estimates and provided for informational purposes only.
Actual amounts may vary.
The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice.
Information, rates, programs and loan scenarios shown are for example only as of 21-Sep-2023 and are subject to change without notice.
All products are subject to credit and property approval.
Not all products are available in all states or for all loan amounts.
Other restrictions and limitations apply.
Contact your preferred lender for the pricing associated with your specific transaction.
Calculations are generated by open source mortgage calculation software tools using common mathematical formulas.
Copyright © 2023 Buying Buddy.
All calculations should be independantly verified.
Get Walk Score Content
Property History
4 days ago
Property Listed
4 days ago
Property info last updated
Similar Properties
The content relating to real estate for sale in this Web site comes
in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Metro Brokers are marked with the IDX Logo.
This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer
Listing Data last updated: 21st September, 2023 11:00 MST
Service by Buying Buddy® IDX CRM
Copyright © 2003 - 2023 Buying Buddy. All rights reserved.
Copyright © 2003 - 2023 Buying Buddy. All rights reserved.
Listed by New Vision Realty
{"property_id":"denver_8878722","AboveGradeFinishedArea":null,"AccessibilityFeatures":null,"Appliances":null,"ArchitecturalStyle":"Urban Contemporary","AssociationAmenities":null,"AssociationFee":null,"AssociationFeeFrequency":null,"AssociationFeeIncludes":null,"AssociationYN":null,"AttributionContact":"[email protected], 303-579-4611","Basement":null,"BasementYN":null,"BathroomsFull":null,"BathroomsHalf":null,"BathroomsOneQuarter":null,"BathroomsThreeQuarter":null,"BelowGradeFinishedArea":null,"BuilderModel":null,"BuilderName":null,"BuyerFinancing":null,"CapRate":"6.90","CityRegion":null,"CommonInterest":null,"CommunityFeatures":null,"ComplexName":null,"ConstructionMaterials":"Brick","Contingency":null,"Cooling":null,"CountyOrParish":"Denver","CoveredSpaces":null,"CurrentFinancing":null,"DaysOnMarket":null,"DevelopmentName":null,"DevelopmentStatus":null,"DirectionFaces":null,"DoorFeatures":null,"Electric":null,"ElementarySchool":null,"Exclusions":null,"ExteriorFeatures":"Balcony","Fencing":null,"FireplaceFeatures":null,"FireplaceYN":null,"FireplacesTotal":null,"Flooring":null,"FoundationDetails":null,"GarageSpaces":null,"GreenBuildingVerificationType":null,"GreenEnergyEfficient":null,"GreenEnergyGeneration":null,"GreenIndoorAirQuality":null,"GreenLocation":null,"GreenSustainability":null,"GreenWaterConservation":null,"Heating":null,"HighSchool":null,"HorseAmenities":null,"HorseYN":null,"Inclusions":null,"IndoorFeatures":null,"InteriorFeatures":null,"LaundryFeatures":null,"Levels":null,"ListAgentFullName":"Paul Aceto","ListAgentEmail":null,"ListingTerms":"Cash, Conventional","LivingArea":null,"LotFeatures":"Near Public Transit","LotSizeArea":"6262.00","LotSizeDimensions":null,"LotSizeSquareFeet":"6262.00","MainLevelBathrooms":null,"MainLevelBedrooms":null,"MiddleOrJuniorSchool":null,"Model":null,"NewConstructionYN":null,"NumberOfUnitsTotal":"21","OtherParking":null,"Ownership":null,"ParkingFeatures":null,"ParkingTotal":"0","PatioAndPorchFeatures":null,"PoolFeatures":null,"PoolYN":null,"PoolPrivateYN":null,"PropertyCondition":null,"PropertySubType":"Multi-Family","public_remarks":"Unveiling the Epitome of Denver's Nightlife and Hospitality: 1612 Wazee St. Hotel & Nightclub! This is a rare opportunity to acquire a thriving hospitality and entertainment property in one of Denver's most dynamic neighborhoods. 1612 Wazee St. offers 2 stable tenants w\/ NNN Leases in place including the Hotel & Nightclub. It also offers the opportunity for additional revenue from 2 vacant spaces including a fully equipped kitchen and an ideal space for a speakeasy in the rear of the building. The hotel features 18 meticulously designed rooms accessed from a separate entrance, including 15 standard rooms and 3 suites, and several private balconies making it a favorite among travelers seeking a luxurious stay in the Mile-High City. The nightclub is renowned for its electrifying ambiance, attracting both locals and tourists with themed events, live DJ performances, and signature cocktails. In 2018, major capital improvements were made to the lobby and night club. In 2019, additional renovations were completed on the previously vacant 4th floor with the addition of 4 guest rooms. In 2022, additional capital improvements were made to other rooms and common areas of the hotel including fixtures, flooring, plumbing and mechanicals. Located just steps from 16th Street Mall and within walking distance of Union Station (2 blocks), Coors Field (3 blocks) and Ball Arena (4 blocks). Invest in the legacy of 1612 Wazee St. and become a part of Denver's ever-evolving story!","Roof":"Membrane","RoomsTotal":null,"SchoolDistrict":null,"SecurityFeatures":"Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security Entrance, Security System, Smoke Detector(s)","seller_office_id":null,"SeniorCommunityYN":null,"Sewer":"Public Sewer","SkiFeatures":null,"SpaFeatures":null,"SpaYN":null,"SpecialListingConditions":null,"StandardStatus":null,"StateRegion":null,"StoriesTotal":null,"StructureType":"Mid Rise (4-7)","TaxAnnualAmount":"13351.00","Utilities":"Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected","View":null,"ViewYN":null,"VirtualTourURLUnbranded":null,"WalkScore":null,"WaterBodyName":null,"WaterSource":"Public","WaterfrontFeatures":null,"WaterfrontYN":null,"WindowFeatures":null,"YearBuilt":"1892","Zoning":"D-LD","ZoningDescription":null,"property_uid":"REC2034914361","listing_status":"active","mls_status":"Active","mls_id":"denver","listing_num":"8878722","acreage":null,"acres":"0.14","address":null,"address_direction":null,"address_flg":"1","address_num":"1612","agent_id":"006122","area":null,"baths_total":null,"bedrooms_total":null,"car_spaces":"0","city":"Denver","coseller_id":null,"coagent_id":"017250","days_on_market":null,"finished_sqft_total":null,"geocode_address":"1612 Wazee Street","geocode_status":null,"lat":"39.75134933","lon":"-104.9996174","office_id":"M4941","office_name":"New Vision Realty","orig_price":"13500000","photo_count":"40","previous_price":null,"price":"13500000","prop_img":"\/listing\/photos\/denver\/8878722-0.jpeg","property_type":"Commercial Sale","sqft_total":"14541","state":"CO","street_type":"Street","street_name":"Wazee","sub_area":null,"unit":"1","zip_code":"80202","listing_dt":"2023-09-16","undercontract_dt":null,"openhouse_dt":null,"price_change_dt":null,"seller_id":null,"sold_dt":null,"sold_price":null,"update_dt":"2023-09-16 15:50:13","create_dt":"2023-09-16 15:47:00","marketing_headline_txt":null,"use_marketing_description_txt":null,"marketing_description_txt":null,"showcase_layout":null,"mortgage_calculator":null,"property_history":null,"marketing_account_id":null}