Active

1612 Wazee Street Unit: 1

Denver CO, 80202

$12,500,000


$859.64 per sqft

Active

14,541 sqft

Commercial

Built in 1892

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!

8878722

MLS ID

September 16, 2023

Listed

February 16, 2024

Updated

Map

1612 Wazee Street Unit: 1
Denver CO, 80202

Interior Features

Total Stories

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Balcony


Lot Features

Near Public Transit


Architectual Style

Urban Contemporary


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Taxes

$13,351


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Denver


Water Source

Public


Pool

No


Zoning

D-LD


Buyer Agency Compensation

1.75%

Listing History

Date

Event

Price

1/11/2024

Price Change

$12,500,000

-8%
Listed by New Vision Realty, Paul Aceto, Listing Contact: [email protected],303-579-4611 
 

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Data last updated 1:38 AM UTC, 2/16/2024

 

 

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