For Sale
$5,950,000

4495 Hale PkwyDenver, CO 80220

Denver Office Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional four-story, 24,904 square foot Class B office building is situated on a prime 0.74-acre lot in Denver, Colorado. Located at 4495 E. Hale Parkway, this multi-tenant property boasts 97.4% occupancy and features a mix of medical and traditional office spaces. Built in 1969, the building has undergone significant recent improvements, including a new elevator, updated LED lighting, and substantial renovations to the multi-level parking garage. The property is zoned H-1-A, offering redevelopment potential. The asking price is $5,950,000, translating to $238.92 per square foot. This owner-user investment opportunity benefits from its convenient location near Rose Medical Center, Lindsley Park, and Colorado Boulevard. Many tenants have occupied the building for decades, with several on short-term leases. The property has been under the same family ownership for nearly 25 years, demonstrating its long-term stability and consistent maintenance. This presents a unique chance to acquire a well-maintained, high-occupancy asset in a desirable Denver location with significant upside potential. The gross lease structure simplifies management, and the property's history of successful tenancy speaks to its enduring appeal. The substantial parking garage adds significant value to this already attractive investment.

Highlights

  • Prime 0.74-acre corner lot in Denver, CO.
  • Excellent location near Rose Medical Center, Lindsley Park, and Colorado Blvd.
  • Recently renovated with new elevator, LED lighting, and updated parking garage.
  • Family-owned for nearly 25 years, demonstrating long-term stability.

Property Details for 4495 Hale Pkwy

Property type
Office properties, Medical offices
Square Feet
24,904 SF
Class
B
Year Built
1969
Buildings
1
Stories
4
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7338718
Longitude
-104.93499403
4495 Hale Pkwy, Denver, Colorado

FAQs

What type of property is this?
Office property - Denver Office Building, Prime Location
Where is the office property located?
The property is located at 4495 Hale Pkwy Denver, CO.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Prime 0.74-acre corner lot in Denver, CO.; Excellent location near Rose Medical Center, Lindsley Park, and Colorado Blvd.; Recently renovated with new elevator, LED lighting, and updated parking garage.
How can I contact the broker?
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4495 Hale Pkwy
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