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1626 Washington St 4,898 SF Office Building Denver, CO 80203 $1,400,000 ($285.83/SF)
Investment Highlights
- This office building is a historic landmark built by the infamous William Lang, the Architect of the Molly Brown House.
- For instance $100,000.00 in remodeling entitles the owner to a $20,000.00-$25,000.00 tax credit.
- As a historic building any renovation or remodeling work gets a 20%-25% tax credit.
Executive Summary
Ideal for single use tenant or residential, either single family or condominium conversion. Can also be used as an office building. Originally home to William Lang, architect of the Molly Brown House.
Since it is an historic building 25% of remodeling or conversion expenses are a tax credit which comes off your taxes. The credit can be carried forward or sold subject to certain limitations.
Since it is an historic building 25% of remodeling or conversion expenses are a tax credit which comes off your taxes. The credit can be carried forward or sold subject to certain limitations.
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
4,898 SF
Building Class
C
Year Built/Renovated
1895/2008
Price
$1,400,000
Price Per SF
$285.83
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,633 SF
Slab To Slab
10’
Building FAR
1.87
Lot Size
0.06 AC
Zoning
R4
Amenities
- Security System
- Air Conditioning
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Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2349-22-007 | Improvements Assessment | $75,870 |
| Land Assessment | $75,870 | Total Assessment | $263,360 |
Property Taxes
Parcel Number
2349-22-007
Land Assessment
$75,870
Improvements Assessment
$75,870
Total Assessment
$263,360
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Contact the Sale Advisor
1626 Washington St