1000 E 16th Avenue, Denver, CO 80218
Mixed-use property in Uptown Denver with office space and residence.
- 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
Listing agent MARC S LIPPITT License #ER.000183921
Listing office UNIQUE PROPERTIES LLC (303) 321-5888
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.974
- Latitude
- 39.7415