Financing Structure for LoHi Mixed-Use Property (C-MX-3 Zoning)

[Nicholas Goodwin]

I’m evaluating a mixed-use property in LoHi (Denver) with C-MX-3 zoning, residential + commercial potential, and a detached garage space that can support a small retail/vending operation. The property spans two streets and has dual addresses for the house and garage.

I’m exploring the best way to structure financing for this type of asset. The garage portion has its own electrical service and could generate separate income through vending, office use, or micro-retail, while the main residence can be rented long term.

I’m trying to get clarity on:

• How lenders typically underwrite mixed-use assets like this

• Whether garage-based commercial income can be counted toward DSCR

• How private lenders usually structure mixed-use loans (LTV, rate, term)

• Whether bridge financing makes sense for this type of purchase

• Any common pitfalls when financing C-MX-3 urban infill properties

• If anyone has experience combining residential rent + small commercial income for underwriting

I’m not looking to advertise or raise capital here just want to make sure I’m structuring this the right way before moving forward. Would appreciate insights from lenders and operators who’ve financed similar properties in Denver or other infill urban markets.

Thanks in advance.