1425 Market StDenver, CO 80202
- Office properties
- 17,808 SF
Property Details for 1425 Market St
- Year built
- 1951
- Construction
- WOOD
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 17,808 SF
- Zone code
- D-LD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 02331-18-013-000
- APU
- 233118013000
Description
This exceptional Class A office building at 1425 Market Street in Denver, Colorado, offers 17,700 square feet of versatile space. The property features multiple suites, with a minimum divisible space of 1,582 square feet and a maximum contiguous space of 5,103 square feet. Currently, 6,685 square feet are vacant, presenting a unique opportunity for businesses seeking a prime location in Denver's vibrant downtown core. The building boasts a classic brick façade with modern interior design elements, including exposed wood and brick walls, glass-wall rooms, and well-appointed kitchens. The building's unique design maximizes natural light, even on the lower level. Located just a block from Larimer Square, this property offers unparalleled access to a wealth of amenities, including shopping, dining, and entertainment venues such as DPAC, Comedy Works, and the Wolf Theatre. Its convenient location also provides easy access to major transportation arteries like Speer Boulevard and Auraria Parkway, as well as the Union Station light rail (a 10-minute walk). This is a rare opportunity to secure high-quality office space in a highly desirable location at a competitive price point. The building is situated in Denver County, zip code 80202. The property is categorized as Medical Office, Traditional Office, Creative Office, and Executive Office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,254,773
- 6.5%
- $3,927,482
- 7%
- $3,646,948
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,676,165
- Geo Method
- $1,471,297
-
Alternative Use
- Use
- Valuation
- Residential
- $4,870,078
- Hospitality
- $4,460,966
- Educational
- $3,711,471
- Medical
- $3,839,114
- Retail
- $5,773,400
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7486
- Longitude
- -105
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].