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Annex Building 1111 Rose St 3,743 SF Office Building Georgetown, CO 80444 $700,000 ($187.02/SF)



Investment Highlights
- Direct Clear Creek River Frontage
- Four to Six Dedicated On-Site Parking Spaces
- Gateway Commercial Zoning
- Downtown Georgetown Location
- Immediate Access to I-70, Scenic Mountain & River Views
- Potential Conversion to 2-4 Unit Multifamily Property (Subject to Approval)
Executive Summary
Located in the heart of historic downtown Georgetown, 1111 Rose St. presents a rare opportunity to own a professional office building with direct river frontage in one of Colorado’s most charming mountain communities. Offering approximately 3,743 square feet, the property combines a highly walkable downtown location with excellent accessibility just off I-70, making it ideal for professional office, creative, boutique commercial, or mixed-use users. The building is surrounded by local shops, restaurants, government offices, and year-round tourism activity. Large windows, abundant natural light, and scenic views of Clear Creek and the surrounding mountains create a unique working environment that is difficult to replicate in today's market. Beyond its current office use, the property presents a compelling value-add opportunity for investors and developers. Located within Georgetown's Gateway Commercial zoning district, the building may offer potential for a commercial-to-residential conversion into a 2-4 unit multifamily property, subject to municipal approvals and verification by the Town of Georgetown. This flexibility provides buyers with multiple paths to create long-term value, whether through continued commercial occupancy, mixed-use redevelopment, or residential conversion.
Important Property Information: The large parking lot shown adjacent to the building is not included in the sale. Seller intends to convey approximately 4-6 dedicated parking spaces with the property. A new survey will be completed to establish final parking allocation and property boundaries.
Important Property Information: The large parking lot shown adjacent to the building is not included in the sale. Seller intends to convey approximately 4-6 dedicated parking spaces with the property. A new survey will be completed to establish final parking allocation and property boundaries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,743 SF
Building Class
B
Year Built
1999
Price
$700,000
Price Per SF
$187.02
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,872 SF
Building FAR
0.08
Lot Size
1.12 AC
Zoning
Gateway Commercial - Supports a mix of downtown-oriented commercial uses
Parking
5 Spaces (1.34 Spaces per 1,000 SF Leased)
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1959-084-07-900 | Improvements Assessment | $234,180 |
| Land Assessment | $48,930 | Total Assessment | $283,110 |
Property Taxes
Parcel Number
1959-084-07-900
Land Assessment
$48,930
Improvements Assessment
$234,180
Total Assessment
$283,110
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Annex Building | 1111 Rose St
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