Value-Add Opp| 16th Street Office 1630 Welton St 124,190 SF Office Building Online Auction Sale Denver, CO 80202

Positioned in the heart of Downtown Denver, 1630 Welton Street represents a compelling value-add office investment opportunity in one of the Rocky Mountain region's most dynamic business districts. This 124,190-square-foot, 10-story boutique office also has a basement and benefits from D-C zoning, which permits a broad range of uses, including office, retail, mixed-use development, and light industrial activities, offering investors significant flexibility and long-term repositioning potential. Located adjacent to the revitalized 16th Street pedestrian mall, just two blocks from the Colorado Convention Center, offering exceptional walkability to restaurants, retailers, hotels, and public transit, making it highly attractive to tenants seeking an urban, amenity-rich workplace environment.

Originally built in 1982 as an athletic club, the office has been thoughtfully transformed into a modern workspace featuring high-quality suite finishes, upgraded common areas, abundant natural light, multiple mezzanine levels, and a distinctive penthouse rooftop amenity space. The property generates diversified revenue streams through office tenancies and penthouse event rentals, while offering investors additional upside from lease-up and operational optimization. A thriving existing tenant mix provides turnkey income, creating a unique combination of current cash flow and future value creation. Investors will also appreciate the property's potential multifamily conversion opportunity, offering an alternative redevelopment strategy in a market characterized by strong residential demand and continued urban revitalization.

Strategically located near Metropolitan State University of Denver, Coors Field, Ball Arena, Empower Field at Mile High, the Colorado State Capitol, and major employment centers, 1630 Welton Street benefits from exceptional visibility with exposure to more than 15,000 vehicles daily. Convenient access to Interstates 25 and 70 enhances regional connectivity for tenants and visitors alike, making the office easily accessible. Situated in a highly affluent trade area generating more than $21.4 billion in annual consumer spending, the property is in a large metropolitan area with a population exceeding 3 million residents and supported by one of the nation's most educated workforces.

For investors seeking a downtown Denver office asset with in-place income, leasing upside, alternative-use potential, and premium urban amenities, 1630 Welton Street presents a rare opportunity to acquire a highly visible, strategically located property with multiple avenues for long-term value appreciation and enhanced returns.

Property tours are available by appointment only. Please contact the listing broker to schedule.