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2245 Curtis St 9,065 SF 100% Leased Office Building Denver, CO 80205 $2,950,000 ($325.43/SF)
INVESTMENT HIGHLIGHTS
- Modern, fully remodeled office building with unique architectural design. Built in 1962, high-end renovation in 2015
- Flexibility for an either full or partial owner-user opportunity with both tenants willing to stay or vacate upon sale
- Skylights, large windows and tall ceilings bring in natural light
- Two side-by-side office suites - owner-user or tenant rental opportunity
- Double-height ceilings, skylights, open lofted mezzanine spaces
- Collaborative work spaces, ample storage, hoteling showers in each work space
EXECUTIVE SUMMARY
The office building in Downtown Denver presents an attractive flexible option for an either full or partial owner-user opportunity with both tenants willing to stay or vacate upon sale.
Built in 1962, the property underwent a high-end custom renovation in 2015, resulting in high-end updated, contemporary, modern aesthetics. The building features open lofted mezzanine spaces double-height ceilings, skylights, large windows that maximize natural light and offer a spacious office atmosphere, as well as future expansion opportunities above Suite 100’s current offices.
The property offers collaborative workspaces, glass offices, ample storage options, and hoteling rooms with showers in each workspace that cater to the needs of contemporary businesses. Situated in the Arapahoe Square District, tenants enjoy favorable location in close proximity to Downtown and the vibrant RiNo commercial and restaurant area.
The property also presents an opportunity for longterm development potential with its D-AS-12+, twelve story Arapahoe Square Zoning, which allows for various future possibilities.
Built in 1962, the property underwent a high-end custom renovation in 2015, resulting in high-end updated, contemporary, modern aesthetics. The building features open lofted mezzanine spaces double-height ceilings, skylights, large windows that maximize natural light and offer a spacious office atmosphere, as well as future expansion opportunities above Suite 100’s current offices.
The property offers collaborative workspaces, glass offices, ample storage options, and hoteling rooms with showers in each workspace that cater to the needs of contemporary businesses. Situated in the Arapahoe Square District, tenants enjoy favorable location in close proximity to Downtown and the vibrant RiNo commercial and restaurant area.
The property also presents an opportunity for longterm development potential with its D-AS-12+, twelve story Arapahoe Square Zoning, which allows for various future possibilities.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
9,065 SF
Building Class
B
Year Built/Renovated
1962/2015
Price
$2,950,000
Price Per SF
$325.43
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,077 SF
Building FAR
0.95
Lot Size
0.22 AC
Zoning
D-AS 12+ - This applies to mixed-use areas within the Arapahoe Square neighborhood that provide a cohesive, connected and pedestrian-friendly transition
Parking
3 Spaces (0.72 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Skylights
- Storage Space
- Bicycle Storage
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Air Conditioning
- Balcony
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 2342-24-025 | Improvements Assessment | $46,730 |
| Land Assessment | $647,360 | Total Assessment | $694,090 |
PROPERTY TAXES
Parcel Number
2342-24-025
Land Assessment
$647,360
Improvements Assessment
$46,730
Total Assessment
$694,090
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2245 Curtis St
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