190 9Th AveDenver, CO 80203

Property Details for 190 9Th Ave

Year built

1965

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

27,990 SF

Zone code

C-MX-8

Property type

Office buildings

APN

05038-25-017-000

APU

503825017000

Description

This exceptional five-story office building, totaling 23,764 square feet, is ideally situated in Denver's vibrant Capitol Hill neighborhood at the corner of East 9th Avenue and Sherman Street. The building offers a variety of office spaces, suitable for traditional, medical, or creative office uses, with a minimum divisible space of 200 square feet and a maximum contiguous space of 1,240 square feet. Multiple tenants currently occupy the building, creating a thriving and collaborative environment. The building features convenient amenities including an elevator and a shared conference room located on the first floor. Its central location provides easy access to major thoroughfares such as I-25, Speer Boulevard, Santa Fe Drive, and 6th Avenue, ensuring convenient commutes for employees and clients. The building's proximity to Downtown Denver, Cherry Creek, and Governor's Park adds to its appeal. The current tenant mix includes a diverse range of professionals, including therapists, counselors, accountants, lawyers, and public relations firms, reflecting the building's versatility and appeal to a wide range of businesses. This is a rare opportunity to secure office space in a highly sought-after Denver location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,145,422

  6.5%

  $5,672,698

  7%

  $5,267,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,283,792

  Geo Method

  $2,312,534

• Alternative Use

  Use

  Valuation

  Residential

  $7,034,146

  Hospitality

  $6,443,240

  Educational

  $5,360,700

  Medical

  $5,545,062

  Retail

  $8,338,866

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7302

Longitude

-104.985

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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