4701 Marion StDenver, CO 80216

Property Details for 4701 Marion St

Year built

1910

Construction

CONCRETE

Lot size

1.95 AC

Property size (Sq ft)

77,746 SF

Zone code

I-B

Property type

Office properties

Property subtype

Office buildings

APN

02232-00-239-000

APU

223200239000

Description

This exceptional commercial property, located at 4701 N Marion St in Denver, Colorado, 80216, offers a unique blend of historic charm and modern functionality. Situated within the redeveloped 1916 Livestock Exchange Building at the National Western Center, this property boasts 36,008 square feet of versatile space, ideal for a variety of commercial uses including retail, office, and restaurant operations. Currently, there are multiple tenancies available, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 9,500 square feet. A significant 28,670 square feet is currently vacant, presenting a substantial opportunity for expansion or new tenancy. The building's rich history is evident in the original finish details preserved throughout the upper three floors, which offer 28,000 square feet of Western heritage office space. The ground floor features a contemporary steakhouse and Western goods retail, creating a vibrant and dynamic atmosphere. This property provides an unparalleled opportunity to establish a presence in a landmark Denver location, combining historical significance with modern amenities and accessibility. The property is easily accessible via its Denver location and offers ample space for various business needs. This is a rare chance to secure space in a historically significant and beautifully renovated building within a thriving commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $18,575,448

  6.5%

  $17,146,566

  7%

  $15,921,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,415,158

  Geo Method

  $6,423,374

• Alternative Use

  Use

  Valuation

  Residential

  $21,261,742

  Hospitality

  $19,475,642

  Educational

  $16,203,506

  Medical

  $16,760,769

  Retail

  $25,205,454

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7826

Longitude

-104.973

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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