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1600 Pennsylvania St 7,215 SF 100% Leased Office Building Denver, CO 80203 $1,900,000 ($263.34/SF)
INVESTMENT HIGHLIGHTS
- Walk to downtown
- Each office is unique with loads of character some with period fireplaces (gas)
- 1920's interior , lots of 100 year old oak trim.
EXECUTIVE SUMMARY
This multi tenant "Boutique" office property is generally 75% -90% occupied with 12 month gross leases which is the longest the landlord will do even on multiple extensions. A quiet "library" atmosphere with several health professionals occupying 3 floors for a total of 15 units. Fully furnished common areas and offices, art on the walls and live plants in common areas round out this attractive package.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,215 SF
Building Class
C
Year Built/Renovated
1925/2022
Price
$1,900,000
Price Per SF
$263.34
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,405 SF
Slab To Slab
11’
Building FAR
1.84
Lot Size
0.09 AC
Zoning
C-MX-5 - Mixed use up to 5 stories
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (77)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 2349-20-012 | Improvements Assessment | $55,130 |
| Land Assessment | $215,500 | Total Assessment | $270,630 |
PROPERTY TAXES
Parcel Number
2349-20-012
Land Assessment
$215,500
Improvements Assessment
$55,130
Total Assessment
$270,630
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1600 Pennsylvania St
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