2860 Ames Street, Wheat Ridge, CO 80214 (MLS # 6900896)

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PRICE $799,000 BEDS 7 BATHS 3 HOME SIZE 1,951 sqft LOT SIZE 10,019 sqft Request More Info Schedule a Showing

Welcome to 2860 Ames Street"”an exceptional and versatile property in an unbeatable location just steps from Sloan's Lake, Denver's largest lake and second-largest park. Whether you're looking for a charming single-family home, income-producing property, or a potential live/work space, this one checks all the boxes. Situated within walking distance to local restaurants and just a quick drive to some of Denver's hottest spots in Sloan's Lake, Edgewater, Jefferson Park, and LoHi, the location offers the perfect blend of neighborhood charm and city convenience. Finding nearly a 1/4 acre of land in this part of town is a near impossibility and the land provides for ample outdoor space including an RV hookup. There are three units total offering diversified income potential, here are the most recent rental rates (main home upstairs: $766 per night short-term rental; main home lower level: $2,400; ADU: $2,400). The main home also features a cozy lower level with radiant floor heat, making it a comfortable retreat year-round. Out back, the fully turnkey ADU (Accessory Dwelling Unit) is a serious value-add with its own private entrance, efficient mini-split systems for heating and cooling, and great rental history"”ideal for short-term or long-term income. A buyer interested in maximizing cash flow can tap into the nearly endless supply of business travelers for downtown and the convention center, sports and concert enthusiasts for Empower Field and Ball Arena and weekend warriors on the way to the mountains. A feasibility study was completed and approved by Wheat Ridge to explore the potential of building an additional commercial structure in the backyard (buyer to verify with the county), creating even more opportunity for future development or income. Whether you're an investor, entrepreneur, or someone who simply loves the idea of flexible space in a prime Denver location, 2860 Ames offers incredible potential with income and lifestyle appeal.