Start of property details

Share this property:

MY ACCOUNT

Dashboard

Viewed Properties Saved Properties

Recent Searches New Listing Alerts Saved Searches

Contact Agent Start A New Search

Existing Members Log in Here

Create Your Account

Log Out

SAVE SAVED SHARE PRINT LINK

NEW SEARCH

Previous Next

See all 40 Photos

Map View

Gallery

Open House

Favorite

Share

Notes

Payments

Request a Showing

1612 Wazee Street, Unit 1

Denver, 80202

FOR

SALE

$12,500,000

For Sale

14,541

Sq.Ft.

0.14

Acres

MLS# 8878722

Cumulative Days on Market: 246 (since September 16th, 2023) Data provided by the MLS.

Request Info Contact Agent

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!

Get Directions

Print Flyer

Ask a Local Expert

Comments and Questions

*Your Name

Submit Question

Property Highlights

Price

$12,500,000

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

$12,500,000

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

7.50

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, paul@theacetoteam.com, 303-579-4611.

Listing Data last updated 05/18/2024 11:46 AM

Get a Link to this Property: Copy To Clipboard

Save Property

View Census Data

View Schools

Phone:

Connect with:

Request a Showing

Contact Agent

Payment Calculator

per month. Fixed. % interest.

Home Price

Down Payment

Loan Type 10 year 15 year 20 year 25 year 30 year 40 year

Interest Rate

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 20-May-2024 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 © 2024 Buying Buddy. All calculations should be independantly verified. See assumptions and disclosures

Assumptions and Disclosures

×

• Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables – call for details.
• This is not a credit decision or a commitment to lend.
• Depending on loan guidelines, mortgage insurance may be required
• If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
• APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as “points”), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
• Your monthly payment is not based on APR, but instead on the interest rate on your Note.
• Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
• These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
• Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
• Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. This Payment Calculator tool is Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
• Please contact a loan specialist to get specific payment examples and information regarding your particular needs.

Get Walk Score Content

Property History

105 days ago

Property information last updated

130 days ago

Date of last price change

246 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 246. Data provided by the MLS.

Similar Properties

Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/18/2024 11:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Listing Data last updated: 05/18/2024 11:46 AM

Privacy Policy

Service by Buying Buddy® IDX CRM
Copyright © 2003 – 2024 Buying Buddy. All rights reserved.

SAVE PROPERTY SAVED

Share

Email to a friend Share on Facebook Share on Twitter Share on Pinterest! Copy Direct Link

Actions For Property

Request a Tour Request Info Notes Property Alerts Send to Friend My Account

1612 Wazee Street, Unit 1 – MLS#8878722 – $12,500,000

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":"PAUL@TheAcetoteam.com, 303-579-4611","Basement":null,"BasementYN":null,"BathroomsFull":null,"BathroomsHalf":null,"BathroomsOneQuarter":null,"BathroomsThreeQuarter":null,"BelowGradeFinishedArea":null,"BuilderModel":null,"BuilderName":null,"BuyerOfficeName":null,"BuyerFinancing":null,"CapRate":"7.50","CityRegion":null,"CommonInterest":null,"CommunityFeatures":null,"ComplexName":null,"ConstructionMaterials":"Brick","Contingency":null,"Cooling":null,"CountyOrParish":"Denver","CoveredSpaces":null,"CurrentFinancing":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,"InternetAddressDisplayYN":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,"PropertyAttachedYN":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":"13500000","price":"12500000","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":"2024-01-11","seller_id":null,"sold_dt":null,"sold_price":null,"webapi_update_dt":null,"update_dt":"2024-02-04 09:34:23","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}