Mississippi Plaza

For Sale

1380 W Mississippi Ave, Denver, CO 80223

This Denver property for sale is located at 1380 W Mississippi Ave. The general use of Mississippi Plaza is multi-family and it incorporates 13,560 square feet of class C multi-family space. The current listed sale price for Mississippi Plaza is $3,900,000. Mississippi Plaza is situated on a lot that is 0.43 acre in size.

Contacts

broker
Josh Newell

Pinnacle Real Estate Advisors

Property Details

  • 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 Mar 27, 2025
Less than One Mile to Gates District Redevelopment and Broadway Light Rail StationREDUCED PRICE! 24-Unit in Denver; 1980’s Construction; 7.05% Actual CAP Rate!
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Highlights

  • 7.05% Current CAP Rate!
  • Rare Opportunity to Purchase 1980’s Construction in Denver
  • Newer Roof, Windows and Electric Panels
  • Just 3.37% 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

Getting around

  • 57/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Josh Newell

Pinnacle Real Estate Advisors

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