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4th & Broadway Mansion 51 W 4th Ave 8,863 SF Office Building Denver, CO 80223 $3,200,000 ($361.05/SF)
INVESTMENT HIGHLIGHTS
- 11 covered and deeded parking spaces at adjacent Watermark luxury residents
- Blend of timeless charm and modern functionality with excellent visibility and accessibility
- Elevator access to basement, first floor and second floor
- Within walking distance to a variety of popular restaurants on South Broadway
- Distinguished architectural features and contemporary appeal with rich heritage
- Distinguished architectural features and contemporary appeal with rich heritage
EXECUTIVE SUMMARY
The property at 51 West 4th Avenue presents a compelling opportunity for office building owner/users or investors. Boasting an impressive 8,863 square feet of space, this historic building, originally constructed in 1901, underwent a comprehensive renovation in 2014, blending timeless architectural charm with modern functionality. Zoned C-MX-8, the property offers flexibility for a range of office and commercial uses. Its prime location in the vibrant Baker Neighborhood in the Denver area ensures excellent visibility and accessibility.
Baker Historic Neighborhood encompasses the area bounded by 6th Avenue, Lincoln Street, Mississippi Avenue, and the South Platte River.
The Baker Historic Neighborhood is a diverse, dynamic neighborhood located in the urban core of Denver, Colorado. First plotted and developed in the 1870s, Baker has played a central role in the history of Denver.
Today Baker enjoys a number of qualities and characteristics that make it a vibrant urban neighborhood including a diverse urban population, preserved historic homes, proximity to Broadway’s Main Street development which promises diverse shopping, casual and fine dining, and an array of entertainment, as well as access to mass transit.
Baker Historic Neighborhood encompasses the area bounded by 6th Avenue, Lincoln Street, Mississippi Avenue, and the South Platte River.
The Baker Historic Neighborhood is a diverse, dynamic neighborhood located in the urban core of Denver, Colorado. First plotted and developed in the 1870s, Baker has played a central role in the history of Denver.
Today Baker enjoys a number of qualities and characteristics that make it a vibrant urban neighborhood including a diverse urban population, preserved historic homes, proximity to Broadway’s Main Street development which promises diverse shopping, casual and fine dining, and an array of entertainment, as well as access to mass transit.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,863 SF
Building Class
B
Year Built/Renovated
1890/2014
Price
$3,200,000
Price Per SF
$361.05
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,954 SF
Building FAR
0.90
Lot Size
0.23 AC
Zoning
C-MX-8 - Commercial - Mixed Use - 8 Stories
Parking
11 Spaces (1.13 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 5102-16-027 | Improvements Assessment | $181,680 |
| Land Assessment | $348,280 | Total Assessment | $529,960 |
PROPERTY TAXES
Parcel Number
5102-16-027
Land Assessment
$348,280
Improvements Assessment
$181,680
Total Assessment
$529,960
CONTACTS
-
Cody Stambaugh -
Elizabeth Morgan -
Kyle Moyer -
Trent Rice -
Pinnacle Real Estate Advisors
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4th & Broadway Mansion | 51 W 4th Ave
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