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Denver Mixed-Use Property For Sale

1000 E 16th Avenue Denver, CO 80218

1000 E 16th Avenue, Denver, CO, 80218
$2,650,000
For Sale
Claim this Listing
$2,650,000

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

Property Size10,898 SF
Price / SF$243.16
AddedJun 2, 2025
Days on Market409
Last RefreshMar 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 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


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.

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 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

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Tanning Salon Mobile Phone Store Daycare Center Adult Day Care (Bike/Boat/Book/etc) Store

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

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.
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