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Denver Office Building with Redevelopment Potential
For Sale
$3,495,000

2420 Alcott Street, Denver, CO 80211

Office building on a high-density site with downtown views.

Days on Market450

Property Features for 2420 Alcott Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $50,762

Building Details

Year Built 1974
Listing Agency: CBRE, INC.
Listed By: MONICA WILEY · License #IA.100028236
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 CBRE, INC.

Investment Insights

Based on property information with market context.

Located at the northeast corner of Alcott Street and West 23rd Avenue in the Jefferson Park neighborhood, the property at 2420 N Alcott Street offers views of Downtown Denver. The site is zoned C-MX-12, allowing for high-density development. The location provides access to Jefferson Park, LoHi, and Sloanes Lake, with convenient access to I-25 and signage opportunities visible from the highway. Constructed in 1974 and designed by architect Cab Childress, the building has been maintained with updated HVAC and roof. The building features reinforced concrete framing and insulated concrete masonry exterior walls, allowing for interior design flexibility. The building has a total area of approximately 9,479 square feet and is situated on a lot of approximately 0.51 acres. The zoning allows for potential future high-density multi-family redevelopment. Concept plans featuring 162 units (9 Studio + 135 One Bedroom + 18 Two Bedroom) are available from the seller. The property is suitable for a business headquarters seeking a unique identity near a skilled workforce.

Key Highlights

  • Unrivaled Downtown Denver views from a high‑density site.
  • Premier location with excellent access to Jefferson Park, LoHi, and Sloanes Lake.
  • High‑density C‑MX‑12 zoning allows for potential multi‑family redevelopment (concept plans for 162 units available).

Property Analytics

Current Use

Metro Construction, Inc. Roofing Company

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Dental Office Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,024
Businesses Nearby

Demographics for 80211, CO

37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building on a high-density site with downtown views.
Where is this office building located?
The property is located at 2420 Alcott Street Denver, CO.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Unrivaled Downtown Denver views from a high‑density site.; Premier location with excellent access to Jefferson Park, LoHi, and Sloanes Lake.; High‑density C‑MX‑12 zoning allows for potential multi‑family redevelopment (concept plans for 162 units available).
More about this property
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