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    Denver Mixed-Use Property For Sale Title is generated by Realmo AI

    1000 E 16th Avenue, Denver, CO 80218

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    For Sale
    $2,650,000

    Mixed-use property in Uptown Denver with office space and residence.

    Property size:
    10,898 SF
    Price / SF:
    $243/SF
    Added:
    Jun 2, 2025
    Days on Market:
    373
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 1000 E 16th Avenue

    General Information

    Standard status
    Active
    Size
    10,898 SF

    Building Details

    Year Built
    1934

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    Listing Contact
    MARC S LIPPITT
    MARC S LIPPITT

    Listing agent MARC S LIPPITT License #ER.000183921

    Listing office UNIQUE PROPERTIES LLC

    Listing date Jun 2, 2025

    Source Corcoran

    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 UNIQUE PROPERTIES LLC

    HighLights

    • Mixed‑use property with updated office space and a luxury top‑floor residence, ideal for owner‑user or rental income.
    • Prime Uptown location near government offices, medical campuses, and downtown Denver, with walkable access to restaurants, shops, and cultural attractions.
    • Ample on‑site parking with 13‑14 spaces, a rare and valuable amenity in the area.
    • Approximately 10,898 SF of functional space, including 9,428 SF of updated office space with 11 private offices and multiple open areas.
    • Zoned G‑RO‑3, offering redevelopment or reconfiguration options.
    • Dedicated lower‑level fitness center providing lifestyle convenience.

    Overview

    Located in Denver's Uptown neighborhood, this mixed-use property offers approximately 10,898 square feet of functional space. The building includes 9,428 square feet of updated office space suitable for professional use, creative firms, medical practices, or a co-working concept. The office area features 11 private offices, multiple open office areas, 2 conference rooms, a break room, reception area, and ADA-compliant rear access. Additionally, there is a 1,470 square foot luxury top-floor residence with a kitchen, dining area, living area, and private patio, suitable for an owner-user, onsite manager, or premium rental income. A dedicated lower-level fitness center provides a fully equipped gym space. The property combines historical architecture with modern improvements. It is situated near the Colorado State Capitol, Denver Courthouses, and Downtown Denver, providing proximity to government offices, medical campuses, and major employers. The location offers walkable access to restaurants, coffee shops, retail options, and cultural hotspots in the Uptown and Capitol Hill neighborhoods. On-site rear surface parking accommodates 13 to 14 spaces. The property is zoned G-RO-3, offering redevelopment or reconfiguration options under Denver’s urban residential-office zoning.

    Local Financial Insights For Apartment 5plus

    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 $320.4k $29.40
    − Vacancy −$19.5k −$1.79
    EGI $300.9k $27.61
    − OpEx −$135.4k −$12.42
    NOI $165.5k $15.18
    10,898 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.36M
    $2.07M – $2.76M (±1% cap)
    NOI $165,471 @ 7.0% cap · market cap 6.24%
    Second Best
    Office B
    $2.28M
    $2.00M – $2.66M (±1% cap)
    NOI $159,677 @ 7.0% cap · market cap 6.03%
    Theoretical Best
    Office A
    $3.47M
    $3.04M – $4.05M (±1% cap)
    NOI $242,846 @ 7.0% cap · market cap 9.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tiemeier & Stich P.C. Law Firm Law Office of Stephen ... Law Firm Great Education Colorado Charitable Organization

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.974
    Latitude
    39.7415

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Uptown Denver with office space and residence.
    Where is this mixed-use property located?
    The property is located at 1000 E 16th Avenue Denver, CO.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: Mixed‑use property with updated office space and a luxury top‑floor residence, ideal for owner‑user or rental income.; Prime Uptown location near government offices, medical campuses, and downtown Denver, with walkable access to restaurants, shops, and cultural attractions.; Ample on‑site parking with 13‑14 spaces, a rare and valuable amenity in the area.
    More about this property
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