52 Monroe StDenver, CO 80206

Property Details for 52 Monroe St

Year built

2000

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

2,421 SF

Zone code

G-RO-3

Property type

Office buildings

APN

05125-04-020-000

APU

512504020000

Description

This exceptional 2,314 square foot office space, located at 52 Monroe St, Unit B, Denver, CO 80206, presents a unique opportunity in the desirable Cherry Creek North submarket. Built in 2000 and extensively renovated in 2019, this single-tenant space within a 5,700 square foot building offers a modern and efficient layout ideal for a variety of professional uses, including traditional, executive, or medical offices. The property features a welcoming reception area, a stylish waiting room, a modern conference room, two to three private offices, and ample basement storage. The zoning is G-RO-3. The building includes one elevator and is a single-story structure situated on a 6,260 square foot lot. Conveniently located off 1st Avenue, the property offers easy access to numerous restaurants and amenities. While open street parking is available for clients, limited dedicated parking is also provided at the rear of the building. This turnkey space combines a prime location with modern upgrades, making it an attractive option for businesses seeking a prestigious address in Denver's vibrant Cherry Creek neighborhood. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $588,780

  6.5%

  $543,490

  7%

  $504,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $200,023

  Geo Method

  $200,023

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,140,990

  Retail / Commercial

  $571,198

  Mixed-Use / Specialty

  $558,212

  Hospitality / Lodging

  $395,285

  Institutional / Educational

  $576,401

  Residential Income

  $674,390

  Multifamily

  $869,534

  Automotive / Energy

  $494,058

  Parking / Income-Based Land

  $181,312

  Restaurant / Food Service

  $266,960

  Healthcare / Senior Housing

  $583,665

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7172

Longitude

-104.945

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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