Denver Mixed-Use Property For
1000 E 16th Avenue Denver, CO 80218
For Sale
$2,650,000
Mixed-use property in Uptown Denver with office space and residence.
Property Size10,898 SF
Price / SF$243.16
Days on Market418
Property Features for 1000 E 16th Avenue
General Information
- Standard status
- Active
- Size
- 10,898 SF
Building Details
- Year Built
- 1934
Listing Agency:
UNIQUE PROPERTIES LLC
(303) 321-5888
Listed By:
MARC S LIPPITT · License #ER.000183921
Source:
Corcoran
Added: Jun 2, 2025
Changed: Mar 16
Last Checked: Jul 24 at 8:21AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $165,471 @ 7.0% cap · market cap 6.24%
Second Best
Office B
$2.28M
$2.00M – $2.66M
NOI $159,677 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $242,846 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
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.
