3601 Morrison Rd &

369-371 S Lowell Blvd

Denver CO 80219

$1,690,000

 

3601 Morrison Road presents a unique and high-performing mixed-use investment opportunity in one of Denver’s most rapidly evolving neighborhoods. Ideally located just off Morrison Road in the heart of the Westwood community, this property offers excellent visibility, reliable cash flow, and a diverse mix of income-generating spaces, along with substantial redevelopment potential. The property includes multiple components: Retail frontage along Morrison Road is complemented by a garage at the rear of the main commercial structure, with an expansive parking and storage area of approximately 3,000 square feet situated behind the building. Above the commercial space are two residential units—Apartments A & B—each with practical layouts designed to accommodate long-term tenants. Additionally, the parcel includes two identical 1- bedroom, 1-bathroom single-family homes at 369 and 371 S Lowell Blvd, offering additional rental income and flexible options for future development. Together, these elements make 3601 Morrison Road a rare opportunity to secure a mixed-use asset with strong current returns and ample upside.

  • 8 bed / 5 bath

    3601 Morrison Rd

    • 2 Residential Apartments 2 bed / 1 bath

    • Retail Storefront

    • Garage and Spacious Storage/Yard

    • Building Area Total (SqFt Total): 2,697

      • Unit A : 945

      • Unit B : 745

      • Retail : 1,605

      • Garage & Yard : ~ 4,000

    • Built 1934

    • Forced Air

    • Two Water Boilers

    • No Central AC

    • Asphalt Parking

    • Zoning E-MX-3

    369 S Lowell Blvd

    • 2 bed / 1 bath

    • Building Area Total (SqFt Total): 557

    • Forced Air Heating

    • No Central AC

    • Driveway & Street Parking

    • Zoning E-MX-3

    371 S Lowell Blvd

    • 2 bed / 1 bath

    • Building Area Total (SqFt Total): 557

    • Forced Heat

    • No Central AC

    • Zoning E-SU-D1X

    • Driveway & Street Parking

    • Zoning E-MX-3

  • Cap Rate: 7.35

    Gross Income : $157,800

    Operating Expenses : $33,480

    Actual Rent

    Unit A (Apt) $1,850

    Unit B (Apt) $1,700

    Retail $2,300

    Garage $2,700

    Yard $1,000

    369 S Lowelll $1,700

    371 S Lowell $1,900

    ________

    • Prime location in Westwood with strong visibility and access.

    • Flexible layout offers value-add and upside potential.

    • Strong CAP rate provides strong and consistent income returns.

    • Zoned for future mixed-use or redevelopment options

    • Parking: 16 spaces

    • Garage 1,000 SF

  • New Electrical Box 2025

    (369 & 371 Lowell) Vinyl Flooring 2023

    New Bathroom (369 Lowell) 2023

  • With E-MX-3 zoning, this site carries exceptional mixed-use development potential, allowing for up to three stories of residential, commercial, and retail space. Developers can explore a wide range of possibilities, including townhomes with integrated storefronts, standalone retail, or modern live-work concepts. Positioned along a high-traffic Denver corridor, the property offers strong visibility for QSR concepts, fast-food users, cafés, and professional services, in addition to traditional residential density.

    Investors and builders are encouraged to review the due-diligence materials to see preliminary renderings and development scenarios, outlining the full scope of what may be achievable on this versatile site. As West Denver continues to grow, this parcel represents a rare chance to capture both immediate value and long-term redevelopment upside.

Due Dilligence
Video