Office Building with Storage
For Sale
$895,000
710 14th St, Golden, CO 80401
COMMERCIAL - Golden, CO
Property Size2,352 SF
Lot Size0.16 Acres
Price / SF$380.53
Days on Market330
Property Features for 710 14th St
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-2
Rooms
Basement
Basement
Full
Subdivision
South Golden
View
City, Hills
Elementary school
Mitchell
High school
Golden
Elementary school district
Jefferson Dist R-1
Middle school district
Jefferson Dist R-1
High school district
Jefferson Dist R-1
Standard status
Active
APN
135513
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
14750
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1962
Building materials
Frame
Roof type
Composition
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Added: Sep 30, 2025
Changed: Aug 19
Last Checked: Aug 25 at 7:06AM
MLS# 1044741
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An office building totaling 2,352 SF is complemented by three additional storage buildings, offering a flexible setup for administrative space with supplemental on-site storage. The property is positioned as a development-oriented opportunity within the C-2 (General Commercial) Land Use District.
Located in downtown Golden, the site is described as being adjacent to historic Washington Avenue and near Golden’s “Main Street” retail and dining activity, farmers markets, and art fairs. The remarks also note proximity to The Golden Mill and the Coors Brewery, and an easy drive to the Colorado School of Mines and recreation along Clear Creek, with views of North and South Table Mountain.
Located in downtown Golden, the site is described as being adjacent to historic Washington Avenue and near Golden’s “Main Street” retail and dining activity, farmers markets, and art fairs. The remarks also note proximity to The Golden Mill and the Coors Brewery, and an easy drive to the Colorado School of Mines and recreation along Clear Creek, with views of North and South Table Mountain.
Key Highlights
- Strategic downtown Golden location adjacent to historic Washington Avenue
- High‑density zoning allows for 4‑5 story buildings and a wide range of commercial uses
- Immediate access to Colorado School of Mines and Clear Creek recreational activities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,696
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,920
$633.9K
Cap Rate 7%
$452,800
$452.8K
Cap Rate 9%
$352,178
$352.2K
Market Conditions
NOI Build-Up for 2,352 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.7K $20.28/SF
− Vacancy
−$5.4K −$2.31/SF
EGI
$42.3K $17.97/SF
− OpEx
−$10.6K −$4.49/SF
NOI
$31.7K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,920
Cap Rate 7%
$452,800
Cap Rate 9%
$352,178
Alternative Uses
Best Use
Office B
$452.8K
$396.2K – $528.3K
NOI $31,696 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.23M
$4.58M – $6.11M
NOI $366,384 @ 7.0% cap · market cap 40.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,638
Businesses Nearby
Explore this area
Business Placement
Demographics for 80401, CO
41,913
Population
17,762
Households
2.4
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
49.1 sq mi
ZIP Area
854
Density / Sq Mi
$112,444
Median Household Income
$53,936
Median Earnings
$1,868
Median Rent
$748,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A 2,352 SF office building plus three storage buildings in a C-2 zoning district.
Where is this office building located?
The property is located at 710 14th St Golden, CO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Strategic downtown Golden location adjacent to historic Washington Avenue; High‑density zoning allows for 4‑5 story buildings and a wide range of commercial uses; Immediate access to Colorado School of Mines and Clear Creek recreational activities
