See Home Value
$3,000,000
Commercial - Off Market

2545 Champa Street

Denver, CO 80205
bedrooms
Studio
bathrooms
0 Bath
$3,153,252
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

2545 Champa St. is a 14-unit multifamily converted mansion in the Curtis-Champa Historic District, next door to single Townhomes selling for over $1,500,000. The 2020-21 renovation brought out the historic charm of this building, while bringing it to modern standards. A March 2022 appraisal performed by a bank valued this asset at $3,380,000. There is still opportunity for value add with this property, per the professional management company.

The Gertrude provides tenants lots of natural light indoors and newly landscaped yard, patio and tables to enjoy the outdoors. The building offers two garage parking space, four reserved parking spaces and street parking. Open Concept units, on site laundry, Stainless Steel Appliances.
Unit Size
-
Days on Market
84 days
Land Size
0.22 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$655
HOA Dues
-
Year Built
1897
Last updated: 20 days ago (REcolorado MLS #REC2564445)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold $3,000,000
Sold
Jun 16, 2022 Listed by Rocky Mountain Commercial Associates, LLC $3,150,000
Listed by Rocky Mountain Commercial Associates, LLC
Jan 22, 2020 Sold $1,469,070
Sold

Property Highlights

Exterior Details

Property Information

Architectual Style: Victorian
Property Type: Commercial Sale
Property Sub Type: Multi-Family
Road Responsibility: Public Maintained Road
Year Built: 1897
Year Built Effective: 2021

Building Information

Structure Type: Low Rise (1-3)
Building Area Total: 6317
Construction Methods: Stone, Stucco
Roof: Composition

Lot Information

Lot Features: Historical District
Lot Size Acres: 0.22
Lot Size Square Feet: 9397
Financial Details
Tax Year: 2021
Tax Annual Amount: $7,857


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$3,000,000 Oct 21, 2022
$3,000,000 Aug 21, 2023
$1,144/mo
Condo
2 Beds
3 Baths
2,546 ft²
$1,178/ft²
$3,000,000 Feb 15, 2024
$3,000,000 Apr 3, 2024
$3,711/mo
Condo
2 Beds
3 Baths
2,815 ft²
$1,172/ft²
$3,300,000 Jun 30, 2023
$3,300,000 Aug 29, 2023
$4,051/mo
Condo
2 Beds
3 Baths
2,273 ft²
$1,111/ft²
$2,525,000 May 7, 2020
$2,525,000 Aug 31, 2021
$1,251/mo
Condo
2 Beds
3 Baths
2,771 ft²
$879/ft²
$2,435,000 Jul 26, 2023
$2,435,000 Sep 19, 2023
$3,599/mo
Commercial
Loft
-
-
$2,950,000 Apr 9, 2024
-
$2,111/mo
Commercial
Loft
-
-
$3,600,000 Aug 25, 2023
-
-
Condo
2 Beds
3 Baths
2,204 ft²
$1,407/ft²
$3,100,000 May 15, 2023
-
$3,434/mo
Multifamily
12 Beds
4 Baths
4,441 ft²
$653/ft²
$2,900,000 Sep 1, 2023
-
$1,110/mo
Condo
4 Beds
4 Baths
4,185 ft²
$884/ft²
$3,700,000 Mar 22, 2024
-
$4,028/mo
Condo
3 Beds
2 Baths
3,976 ft²
$678/ft²
$2,695,000 Nov 24, 2023
-
$3,291/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220616
06/16/2022
Loft
-
-
$3,150,000
bedrooms
Loft
bathrooms
-
$3,000,000 -4.76%
09/09/2022
-
Tim Powell
Rocky Mountain Commercial Associates, LLC

Building Info

2545 Champa Street 2545 Champa Street, Denver, CO 80205
More about this Building
2545 Champa Street
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About Northeast Denver


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