1336 Glenarm PlDenver, CO 80204

Property Details for 1336 Glenarm Pl

Year built

1958

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

8,444 SF

Zone code

D-C

Property type

Office properties

Property subtype

Office buildings

APN

02336-01-003-000

APU

233601003000

Description

This exceptional 6,250 square foot office building at 1336 Glenarm Place in Denver, Colorado, presents a unique investment opportunity. Built in 1928 and extensively renovated in 2016, this two-story building offers a blend of historic charm and modern functionality. The property features a single tenancy, ideal for a variety of uses including traditional office, coworking, creative office, or executive office space. The building boasts eight total parking spaces, including a private one-car garage, and a secured fenced parking lot. A significant advantage is the great storefront window option, perfect for maximizing visibility and attracting clients. The location is unbeatable, within walking distance of hotels, restaurants, and all the amenities of Downtown Denver (zip code 80204). The 2016 renovation included a new roof. The property also includes additional square footage and storage space in the basement, offering flexibility for expansion or additional revenue streams. The flexible layout allows for the possibility of generating rental income by dividing the space into two units. This property is a rare find, combining historical character with modern updates in a prime Denver location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,017,481

  6.5%

  $1,862,290

  7%

  $1,729,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,217,292

  Geo Method

  $697,643

• Alternative Use

  Use

  Valuation

  Residential

  $2,309,240

  Hospitality

  $2,115,251

  Educational

  $1,759,864

  Medical

  $1,820,389

  Retail

  $2,737,566

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7414

Longitude

-104.993

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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