Impressive Upside Potential in Denver CBD 216 16th St 149,222 SF 31% Leased Office Building Online Auction Sale Denver, CO 80202

CBRE is pleased to present the opportunity to acquire 216 16th Street, an urban office asset situated along the iconic 16th Street corridor in the heart of Downtown Denver’s Central Business District.

216 16th Street comprises 149,222 square feet across 17 recently renovated floors offering exceptional views of the Rocky Mountains and the city's skyline. The building is well-suited for a broad range of office users, including oil and gas companies, energy and natural resources firms, legal practices, and professional service organizations, thanks to its various layouts, suite sizes, and floor plates. 216 16th Street’s size, floor plates, and downtown location may also lend themselves to residential conversion or mixed-use repositioning, aligning with broader trends toward adaptive reuse within Denver’s urban core.

The building features 104 covered parking spaces and a comprehensive amenity package designed to support high-quality office tenants, including ground-floor retail with a coffee shop and sandwich shop, a staffed security desk with 24/7 building security, bike storage, a loading dock, and on-site property management. The presence of nearby banking, restaurants, and retail along the 16th Street Mall further enhances tenant convenience.

Positioned at the head of the iconic 16th Street corridor, the property benefits from strong visibility, consistent pedestrian activity, and immediate access to Denver’s primary transit infrastructure, including the RTD 16th Street MallRide, nearby light rail service at Theatre District– Convention Center and Colfax at Auraria stations, and convenient regional connectivity via Denver Union Station. The surrounding area is further anchored by prominent civic and cultural institutions, including Civic Center Park, the Colorado State Capitol, Denver municipal buildings, the courthouse, Metropolitan State University of Denver, Ball Arena, and Mile High Stadium, which support sustained activity throughout the day and evening. As well as proximity to upscale dining and premier retail locations, reinforcing the property’s appeal to residents, visitors, and employees seeking a vibrant, amenity-rich urban experience

Access to a dense surrounding population of approximately 1,499,000 residents, with roughly 41 % holding a college degree, contributes to a highly educated and competitive workforce. Denver’s economy is diverse and resilient, with strong representation in technology, aerospace, financial services, and energy. As the largest metropolitan area in Colorado and a key economic hub for the Rocky Mountain region, Denver offers investors long-term market fundamentals and sustained demand for well-located office assets. The city’s central US location provides direct flight access to major markets nationwide, reinforcing its appeal to regional and national tenants.

216 16th Street represents a compelling opportunity for investors seeking a high-profile office asset with immediate cash flow, strong transit access, an irreplaceable urban positioning, and multiple potential pathways for long-term value creation.
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