2420 Alcott St 9,479 SF Office Building Denver, CO 80211 $3,295,000 ($347.61/SF)

A signature Denver corner. A Cab Childress brick building. Twelve stories of by-right entitlement. One position.
2420 N Alcott Street is a Cab Childress-designed three-story brick commercial building, completed in 1974, occupying a 0.51-acre C-MX-12 parcel at one of Jefferson Park's most visible corners. This is a property for the principal who wants a signature Denver address with architectural character, real building bones, and the long-term optionality of a central-city development parcel that carries twelve stories of by-right entitlement.
The building is not a generic office box. Cab Childress was a working Denver architect whose portfolio shaped mid-century and 1970s commercial and civic buildings across the Front Range. The structure he delivered here is three stories of brick over a small basement, organized around two main working floors with dual-stair circulation at opposing ends and a smaller penthouse-level element above. HVAC and roof were updated in 2022. The configuration reads as a signature headquarters building rather than tenant-ready speculative office — interior volumes, east-facing exposure, and architectural language all supporting an owner-user principal who wants a building that makes a statement.
The zoning widens the field considerably. C-MX-12 is one of Denver's most permissive mixed-use designations, supporting a range of uses well beyond conventional office. Approved and conditional uses include event venues, private schools, daycare and early childhood centers, fitness and wellness studios, medical and veterinary practices, creative office and production studios, worship spaces, and house-of-cuisine or culinary concepts. The practical effect: the building can be reimagined by almost any principal with a clear vision — a flagship yoga and wellness destination, a culinary incubator or chef-driven restaurant group headquarters, a private school or early-childhood campus, a medical or specialty clinic, a film or photography production studio, a design firm or creative agency flagship, a family office, or a boutique operator building a signature Denver headquarters.
Some Denver addresses are located. This one is positioned. 2420 N Alcott sits at the intersection of three distinct Denver energies — the stadium district, the LoHi restaurant and nightlife corridor, and the residential heart of Jefferson Park — with the downtown skyline as the eastern backdrop. It is one of the few central Denver parcels where an owner-user can walk to a sold-out concert, a morning coffee, a business lunch, and a downtown meeting without moving a car. From the front door, it is three blocks to the restaurants and bars of LoHi, seven blocks to Empower Field at Mile High, two blocks to Jefferson Park's 23 acres of mature trees and ballfields, a ten-minute drive to downtown, and fifteen minutes to Cherry Creek. The building faces east, which means every working day opens with direct, unobstructed views across Interstate 25 to the downtown Denver skyline — a view that cannot be replicated or built out.
Jefferson Park itself is in the middle of a decade-long transformation from overlooked stadium-adjacent neighborhood to one of Denver's most dynamic central-city submarkets. The restaurant base has matured from a handful of neighborhood bars into a legitimate food and beverage destination, with LoHi's explosive growth spilling directly west into Jefferson Park. The half-mile walk-up demographic around 2420 Alcott is defined by a median household income above $121,000 and bachelor's-degree-or-higher attainment exceeding 60 percent — the professionals, founders, creatives, and dual-income households who become the buyers, members, patients, students, diners, and clients that allow a business to thrive.
This corner sits on the precipice of transformation at a scale Denver has not seen in a generation. Three of the most significant urban redevelopment projects in the city's modern history are converging within walking distance — the Empower Field at Mile High stadium district planning, the Ball Arena and Elitch Gardens redevelopment, and The River Mile, a multi-decade reimagining of the South Platte corridor into one of the largest urban infill developments in the country. The west side of Interstate 25 is being repositioned from a buffer to downtown into an extension of it. A buyer stepping in now is positioning ahead of value creation that the broader market has not yet fully priced. The owner who holds this corner through that transformation owns an appreciating asset as much as an operating building.
The optionality is the backstop. The same 0.51-acre site is zoned C-MX-12 and permits twelve stories by-right. Current ownership has advanced a 162-unit residential concept with Presence Design Group, publicly reported in Denverite in January 2024 — not entitled, but a meaningful head start down the path toward entitlement. A patient owner operating from the existing building owns not only a headquarters but a central Denver development position — the kind of dual-asset hold that creates real long-term value.
The combination on offer here is rare: C-MX-12 zoning, a three-story architectural brick building, a 0.51-acre corner site, stadium and skyline visibility, a high-income walk-up base, and twelve-story by-right entitlement on the same parcel. A wellness and fitness destination capturing a health-conscious daily audience. A chef-driven restaurant or culinary incubator stepping into one of Denver's fastest-maturing food corridors. A private school or early-childhood campus serving Jefferson Park, LoHi, Highland, and Sloan's Lake families who currently drive across town. A medical, dental, or specialty clinic on a visible corner with architectural identity. A creative agency, design firm, or production studio building a flagship within walking distance of its talent base. A family office or boutique operator placing its name on a building with presence.
The property also carries an unusually robust diligence package — substantially more than what typically accompanies a building of this size and profile — giving the next owner a meaningful running start. Accretive seller financing may be available to reduce capital stack friction, a meaningful advantage in the current rate environment for a buyer with a clear plan.
Central Denver corners with this combination of visibility, walk-up income, architectural character, and embedded development optionality do not come to market often. Jefferson Park's trajectory is clear. The buyer who moves now owns the address before the market fully prices it.