Commercial Sale · Active
Denver, CO 80203
$2,600,000
Multi Family
Property Type
0.14 acres
Lot Size
1919
Year Built
5
Parking Spaces
9309379
MLS #
About This Property
The Glenellen is a distinguished trophy asset positioned in the heart of Capitol Hill - one of Denver’s most walkable and desirable urban neighborhoods. The property comprises eight generously sized 2-bedroom/2-bathroom residences with private office nooks, a configuration that is genuinely rare in this submarket. Each unit has been thoughtfully renovated with designer luxury vinyl plank flooring, updated kitchens and baths, stainless appliances, upgraded lighting, and in-unit washer/dryer. The building’s classic brick exterior and gated courtyard lend exceptional curb appeal, while five private garage spaces provide a tenant amenity that commands a meaningful premium on this block. What truly differentiates this offering is the assumable CBRE Freddie Mac SBL loan - fixed at 3.79% interest-only until May 2031 - a financing structure that is nearly impossible to replicate in today’s rate environment and creates immediate, tangible cash flow advantages for the acquiring investor. RARE ASSUMABLE FINANCING AT 3.79% FIXED, INTEREST-ONLY THROUGH MAY 2031. BUILT BACK FROM THE STUDS IN 2010 – NEWER PLUMBING AND ELECTRICAL. EIGHT LARGE CONDO-STYLE 2BD/2BA UNITS WITH OFFICE NOOKS. TURN-KEY ASSET - UPGRADED WITH DESIGNER
LVP FLOORING, NEW KITCHENS, UPDATED BATHS, STAINLESS APPLIANCES, IN-UNIT WASHER/DRYER, AND MODERN LIGHTING. POTENTIAL FOR CONDO CONVERSION AND/OR ADU ADDITIONS. FIVE PRIVATE GARAGE SPACES - A HIGHLY DIFFERENTIATED AMENITY IN AN URBAN SUBMARKET WHERE OFF-STREET PARKING IS SCARCE. PREMIER CAPITOL HILL LOCATION - WALK SCORE 97.
129 days on market
Listed by Luke Salazar & Jim Knowlton · Pinnacle Real Estate Advisors · lsalazar@pinnaclerea.com,303-962-9534
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 9309379 |
| Days on Market | 129 |
| Year Built | 1919 |
| Lot Size (Sq Ft) | 6,250 |
| Acres | 0.14 |
| Annual Taxes | $12,036 |
| State | CO |
| County | Denver |
| Zoning | G-RO-5 |
| Garage | Yes |
| Garage Spaces | 5 |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/18/2026 |
Listed for sale Source: REcolorado® #9309379 |
$2,600,000 |
Based on information submitted to the MLS GRID as of October 25, 2026 at 2:33 AM MDT. 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.
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