681 Grant StDenver, CO 80203

  • Office properties
  • 1,651 SF
For Sale
$450,000 View listing

Property Details for 681 Grant St

Year built
1925
Construction
WOOD
Lot size
0.02 AC
Property size (Sq ft)
1,651 SF
Zone code
C-MX-8
Property type
Office properties
Property subtype
Other office properties
APN
05039-08-035-035
APU
503908035035

Description

This exceptional 1,376 square foot end-unit office condo presents a fantastic opportunity for businesses seeking a prominent location in Denver's vibrant commercial core at 681 N Grant Street. Situated on a substantial 1577.13 acre lot, this property offers ample space and privacy. The well-designed layout includes three upstairs offices, perfect for individual work or team collaboration. A dedicated conference room facilitates productive meetings and client presentations, while a designated receptionist area ensures professional client interaction. A convenient copy room adds to the functionality and efficiency of the space. This property is ideal for a growing business looking to expand or a new professional service firm establishing a presence in Denver's thriving business district. The central location provides easy access to major transportation routes, amenities, and other key business hubs. This is a fantastic opportunity to acquire a well-appointed office space in a highly desirable area. Please note: this property is NOT suitable for live/work arrangements. The asking price for this exceptional office condo is $450,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $354,281
    6.5%
    $327,029
    7%
    $303,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $136,406
    Geo Method
    $136,406
  • Alternative Use

    Use
    Valuation
    Residential
    $405,516
    Hospitality
    $371,450
    Educational
    $309,042
    Medical
    $319,671
    Retail
    $480,732
681 Grant St, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.727
Longitude
-104.984
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,513
$67,350
$42,520
$109,870
-
$271,400
$152,400
$423,800

FAQs

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