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1550 S Pearl St 6,400 SF 75% Leased Office Building Denver, CO 80210 $2,495,000 ($389.84/SF)



Investment Highlights
- In the heart of South Pearl Street
- Faces south and is very walkable
- Surface Parking lot
Executive Summary
Currently mostly an owner/user building with a few month to month Tenants. Ideal for a user, redeveloper, or Investor with the ability to upgrade the building & lease to new Tenants. Seller willing to lease back for a negotiable number of months after the sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,400 SF
Building Class
C
Year Built
1963
Price
$2,495,000
Price Per SF
$389.84
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,200 SF
Slab To Slab
9’
Building FAR
0.69
Lot Size
0.21 AC
Zoning
B2, Denver - U-MS-2, Perfect for an owner user, or developer.
Parking
10 Spaces (1.56 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Numbers | Improvements Assessment | $119,440 | |
| Land Assessment | $260,000 | Total Assessment | $379,440 |
Property Taxes
Parcel Numbers
Land Assessment
$260,000
Improvements Assessment
$119,440
Total Assessment
$379,440
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1550 S Pearl St
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