Historic Denver Office Building For
4th Avenue & Broadway Denver, CO 80223
4th Avenue & Broadway, Denver, CO, 80223
$3,200,000
For Sale
$3,200,000
Renovated 1901 office building in Denver's vibrant Baker neighborhood.
Property Size8,863 SF
Price / SF$361.05
Days on Market242
Property Features for 4th Avenue & Broadway
General Information
- Standard status
- Active
- Size
- 8,863 SF
- Property subtype
- Office
Building Details
- Year Built
- 1901
Listing Agency
Pinnacle Real Estate Advisors
(720) 291-0686
Listed by
Cody Stambaugh · License #CO #100039158
(720) 291-0686
Source
Pinnaclerea
Added: Nov 21, 2025 Updated: Jul 6 at 8:38 am Checked: Jul 19 at 3:46 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
Located in the heart of Denver's Baker Neighborhood, the property at 51 West 4th Avenue offers 8,863 square feet of office space. Originally constructed in 1901, this historic building was comprehensively renovated in 2014, combining original architectural elements with modern updates. The property is zoned C-MX-8, providing flexibility for various office and commercial applications. The location offers excellent visibility and accessibility. The building features 2,890 square feet on the first floor, 2,410 square feet on the second floor, 1,500 square feet on the third floor, and 1,960 square feet on the garden level. The Baker Neighborhood is known for its galleries, diverse restaurants, and cultural venues, offering a dynamic environment.
Key Highlights
- Prime location in the vibrant Denver area (Baker Neighborhood).
- 8,863 square feet of office space.
- Comprehensive renovation in 2014 blending historic charm with modern functionality.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $234.0k | $26.40 |
| − Vacancy | −$60.8k | −$6.86 |
| EGI | $173.1k | $19.54 |
| − OpEx | −$43.3k | −$4.88 |
| NOI | $129.9k | $14.65 |
8,863 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.86M
$1.62M – $2.16M
NOI $129,861 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,499 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brighton Building Permits
City Government Office
T-Roll Construction
General Contractor
Brug Electric, Inc
Electrical Service
Collaborative Journeys, PC
Counselor
Stewart Boyer Inc.
HVAC Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Renovated 1901 office building in Denver's vibrant Baker neighborhood.
Where is this office building located?
The property is located at 4th Avenue & Broadway Denver, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Prime location in the vibrant Denver area (Baker Neighborhood).; 8,863 square feet of office space.; Comprehensive renovation in 2014 blending historic charm with modern functionality.
