1948 Blake StDenver, CO 80202
- Office properties
- 6,187 SF
Property Details for 1948 Blake St
- Year built
- 1945
- Construction
- WOOD
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 6,187 SF
- Zone code
- D-LD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 02279-14-020-000
- APU
- 227914020000
Description
This exceptional 6,187 square foot creative office building at 1948 Blake Street in Denver, Colorado's vibrant Lower Downtown (LoDo) neighborhood presents a unique investment opportunity. Built in 1890, this two-story building sits on a 6,187 square foot lot and boasts a coveted location directly across from Coors Field. The property benefits from the high pedestrian traffic associated with its proximity to the ballpark and numerous surrounding retailers, restaurants, museums, and other attractions. The flexible D-LD zoning allows for a multitude of uses, maximizing the potential for diverse income streams. Its prime location offers unparalleled visibility and accessibility, further enhanced by its proximity to public transportation. An adjacent property at 1962 Blake Street is also available for purchase, presenting a compelling opportunity for expansion or portfolio diversification. This is a rare chance to acquire a historically significant property in one of Denver's most desirable and dynamic locations.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,478,228
- 6.5%
- $1,364,518
- 7%
- $1,267,052
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,624,631
- Geo Method
- $511,170
-
Alternative Use
- Use
- Valuation
- Residential
- $1,692,002
- Hospitality
- $1,549,865
- Educational
- $1,289,469
- Medical
- $1,333,816
- Retail
- $2,005,841
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7539
- Longitude
- -104.994
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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