1000 E 16th Avenue Denver, CO 80218
Mixed-use property in Uptown Denver with office space and residence.
Property Features for 1000 E 16th Avenue
General Information
- Standard status
- Active
- Size
- 10,898 SF
Building Details
- Year Built
- 1934
Listing office UNIQUE PROPERTIES LLC (303) 321-5888
Listing date Jun 2, 2025
Source Corcoran
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Investment Insights
Based on property information with market context.
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.
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 |