$1,300,000
UNDER CONTRACT

Estimated payment $7,455/month

Total Views 494
3 Beds
3 Baths
4,148 Sq Ft
$313 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • South Facing Home
  • Corner Lot
  • Controlled Access
  • 4-minute walk to McIlvoy Park

About This Home

THE RESTAURANT PORTION OF THIS BUILDING IS ACTIVE, THRIVING AND OCCUPIED AND WILL REMAIN ACTIVE AND OCCUPIED. THE BUSINESS IS NOT FOR SALE. PLEASE DO NOT DISTURB THE BUSINESS OR THE APARTMENT TENANTS. SHOWINGS WILL ONLY BE ALLOWED WITH A MUTUALLY EXECUTED CONTRACT OR A LETTER OF INTENT ACCEPTABLE TO THE SELLER. THE LISTING BROKER(S) WILL ATTEND SAID SHOWINGS. This is a multi-use building with the Grandview Grill Restaurant occupying the main floor and 3 apartments on the upper level. All apartments are on a month-to-month lease. Apartment #3 will be vacated approximately 5/1/2025. The restaurant is currently leased at $5,040.00 until 11/30/25 with an escalation to $5,166.00 from 12/1/25 through 11/30/26. The restaurant lease is a modified triple-net lease. The current lease on the restaurant gives the tenant the option to renew the lease for an additional term of five (5) years and if the option is exercised, the new term shall run from 12/1/2026 until 11/30/2031 with the rental rate, based on current market rates at that time to be negotiated immediately upon receipt of notice to renew the lease for an additional five years. All leases to be provided upon said mutually executed contract or letter of intent. Cathy Schneider is a minority owner and a licensed Real Estate Broker in the State of Colorado.

Listing Agent

Cathy Schneider

RE/MAX Alliance Brokerage Email: cathysellscolorado@gmail.com,303-523-9184 License #864425

RE/MAX Alliance

Co-Listing Agent

Kelley Schneider

RE/MAX Alliance Brokerage Email: cathysellscolorado@gmail.com,303-523-9184 License #100039691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1890

Lot Details

  • 1,350 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Corner Lot

Parking

  • 1 Parking Space

Property Views

  • City
  • Mountain

Home Design

  • Triplex
  • Fixer Upper
  • Membrane Roofing
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,148 Sq Ft Home
  • 2-Story Property
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Lawrence Elementary School
  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • No Cooling
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Property held in a trust
  • The owner pays for exterior maintenance, insurance, taxes, water
  • Assessor Parcel Number 215993

Community Details

Overview

  • No Home Owners Association
  • Arvada Resub Subdivision

Additional Features

  • No Laundry Facilities
  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,384

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 4148
  • Entry Location: Stairs
  • Exclusions: Tenants personal property
  • Living Area: 4148
  • Property Condition: Fixer
  • Directions: Northeast corner of Grandview Avenue & Webster
  • SubdivisionName: Arvada Resub
  • Co List Office Mls Id: RECREM16
  • Co List Office Phone: 303-277-1322
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Attribution Contact: cathysellscolorado@gmail.com,303-523-9184
  • Special Features: 4224

Interior Features

  • Appliances: Range, Refrigerator
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 3

Exterior Features

  • Direction Faces: South
  • Roof: Membrane
  • Construction Materials: Stucco, Wood Siding
  • View: City, Mountain(s)

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Wall Furnace
  • Water Source: Public
  • Laundry Features: None
  • Security: Security Entrance

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 215993
  • Lot Size Acres: 0.03
  • Building Area Total: 4148
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Water
  • Tenant Pays: Gas

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2384

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,387 $24,608 $2,714 $21,894
2023 $2,387 $24,608 $2,714 $21,894
2022 $2,343 $23,929 $826 $23,103
2021 $2,435 $25,161 $869 $24,292
2020 $1,968 $20,389 $869 $19,520
2019 $1,941 $20,389 $869 $19,520
2018 $1,991 $20,336 $680 $19,656
2017 $1,823 $20,336 $680 $19,656
2016 $1,282 $13,468 $2,690 $10,778
2015 $2,389 $13,468 $2,690 $10,778
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $1,300,000 -- $313 / Sq Ft
Source: REcolorado®

Mortgage History

Date Status Loan Amount Loan Type
Closed $255,000 New Conventional
Source: Public Records

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Source: REcolorado®

MLS Number: 4213409

REcolorado®

APN: 39-114-17-030