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54 W 11th Ave
Denver, CO 80204
Office Property For Sale

Investment Highlights

  • Centrally located
  • Excellent character
  • Open floor plan with exposed brick

Executive Summary

Four (4) separate individual office/retail condos listed for sale as a group, identified as 54, 58, 62 and 66 W. 11th Ave., Denver, Colorado (the Listing Title is incorrect, only 4 contiguous condo units for sale). The current configuration of the four units (passage ways between the units) lends itself to a sale as a group, however, the seller is willing to entertain possible sales of individual condo units. The property sits in the heart of the popular and trendy Golden Triangle area. This is an ideal location for a your professional office, service business, a creative workspace, a co-working set-up, an artist studio and just about anything else you can imagine. Flexible zoning allows for multiple uses. In the age of tele-working, this is the perfect location to create a new central office space for your team, while giving you the flexibility to continue partial work at home operations. The space is ready for you to move right in. Walking distance to the Broadway Marketplace, lots of restaurants and nightlife, the State Capital, the public library, civic center park, bus lines and transportation hubs, shops along Broadway, the art museum, and many new retail, apartments and townhome developments. The original building was built in 1900 as apartments and was converted to office condos in 1997 and originally renovated at that time. The building itself contains 11 condo units, and these 4 units are being sold as a group. The entire building just received a new roof last year. The 4 units had the hardwood floors refinished in 2019 along with one of the bathrooms being completely remodeled. There is a shared courtyard for the entire building. The four units are currently operated as one property, but the units could easily be split by closing off one passage between each unit. There are 2 bathrooms and one kitchen for the 4 units, but each unit has its own plumbing, electrical and HVAC systems so break rooms and bathrooms can be added to any unit. These 4 units have been updated through the years by the current owners. Each unit consists of between 752 and 790 square feet on the main level and approximately 250 square feet partial basement for total square footage of just over 1,000 square feet per unit. Each unit has exposed brick, tons of light and open spacing.

Property Facts

Property Type Office
Property Subtype
Loft/Creative Space
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 0.10 AC
Rentable Building Area 4,063 SF
No. Stories 1
Year Built/Renovated 1900/2019
APN / Parcel ID
5037-01-035
  • 5037-01-036
  • 5037-01-037
  • 5037-01-038
Zoning D-GT - Golden Triangle District

Amenities

  • Bus Line
  • Commuter Rail
  • Courtyard
  • Kitchen
  • Storage Space
  • Central Heating
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Shower Facilities
  • Wi-Fi
  • Hardwood Floors
  • Outdoor Seating
  • Air Conditioning
  • Listing ID: 20089256

  • Date on Market: 6/29/2020

  • Last Updated:

  • Address: 54 W 11th Ave, Denver, CO 80204

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