1576 Sherman StDenver, CO 80203

  • Office buildings
  • 30,691 SF
For Lease

Property Details for 1576 Sherman St

Year built
1984
Construction
CONCRETE
Lot size
0.26 AC
Property size (Sq ft)
30,691 SF
Zone code
C-MX-16
Property type
Office buildings
APN
02349-38-001-000
APU
234938001000

Description

This fully restored mid-century modern office building, designed by architect James Sudler, offers 17,517 square feet of prime executive office space in Denver's desirable Capitol Hill/Uptown neighborhood. The property is currently 100% vacant and available for immediate occupancy. Multiple tenancy options are available, with spaces ranging from a minimum of 553 square feet to a maximum contiguous space of 4,861 square feet. Seven individual suites are available, providing flexibility for businesses of various sizes. The building's unique architectural design and prime location make it an exceptional opportunity for discerning tenants seeking a sophisticated and convenient workspace. Located at 1576 Sherman Street, Denver, CO 80203, this property offers unparalleled access to Denver's vibrant cultural scene, diverse dining options, and convenient transportation links. The building's meticulous restoration has preserved its original character while incorporating modern amenities to create a truly exceptional work environment. This is a rare opportunity to secure prestigious office space in one of Denver's most sought-after locations. Contact us today to schedule a viewing and explore the possibilities. The property is located in Denver County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,332,841
    6.5%
    $6,768,776
    7%
    $6,285,292
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,059,084
    Geo Method
    $2,535,690
  • Alternative Use

    Use
    Valuation
    Residential
    $8,393,283
    Hospitality
    $7,688,202
    Educational
    $6,396,494
    Medical
    $6,616,479
    Retail
    $9,950,101
1576 Sherman St, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7414
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
$121,238
$306,040
$1,258,600
$1,564,640
-
$1,126,900
$4,511,100
$5,638,000

FAQs

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