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    Versatile Commercial Building with Dock Title is generated by Realmo AI

    1050 S Quitman Street, Denver, CO 80219

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    For Sale
    $559,000

    Office/warehouse with storage, dock access, and business use potential.

    Property size:
    2,873 SF
    Price / SF:
    $194/SF
    Added:
    Apr 22, 2025
    Days on Market:
    417
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 1050 S Quitman Street

    General Information

    Standard status
    Active
    Size
    2,873 SF

    Building Details

    Year Built
    1946

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    Listing Contact
    TONYA FALLOWS
    TONYA FALLOWS

    Listing agent TONYA FALLOWS License #FA40005021

    Listing office RE/MAX PROFESSIONALS

    Listing date Apr 22, 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 RE/MAX PROFESSIONALS

    HighLights

    • Versatile commercial building suitable for office, warehouse, residential, and various business uses.
    • Dock access for easy loading and unloading.
    • Ample storage space throughout the building.
    • Fenced lot providing enhanced privacy and security.
    • Convenient location with easy access to Santa Fe, I25, and Downtown Denver.
    • 2‑Car Garage with alley access and 4 designated parking spaces plus additional off‑street parking.

    Overview

    This versatile commercial building, located in the Westwood/Kentucky Gardens neighborhood, offers 2,873 square feet of space suitable for a wide range of business uses. The property features a mix of office space and warehouse/storage areas, with potential for residential conversion. The front interior includes a spacious open room suitable for a showroom or office space, along with three private offices and a large central area that can serve as a conference or boardroom. A kitchen area with appliances is available for break room use. Various storage and flex rooms throughout the building provide ample storage capacity. The fenced 0.14-acre lot enhances privacy and security, featuring an attached two-car garage with alley access and a dock for easy loading and unloading. Parking is available with four designated spaces in the front parking lot, plus additional off-street parking. The property offers easy access to Santa Fe Drive, I-25, and Downtown Denver. Currently used by a roofing company, this property is well-suited for a construction or roofing-related business.

    Local Financial Insights For Office B

    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 $75.8k $26.40
    − Vacancy −$11.1k −$3.88
    EGI $64.7k $22.52
    − OpEx −$16.2k −$5.63
    NOI $48.5k $16.89
    2,873 SF · lease $26.40/SF/yr · vacancy 14.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $693.2K
    $606.5K – $808.7K (±1% cap)
    NOI $48,523 @ 7.0% cap · market cap 8.68%
    Second Best
    Warehouse
    $424.1K
    $371.1K – $494.8K (±1% cap)
    NOI $29,688 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Office A
    $819.5K
    $717.1K – $956.1K (±1% cap)
    NOI $57,368 @ 7.0% cap · market cap 10.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    D & D Home ... Roofing Company Right Way Roofing Roofing Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • MOVING AID, LLC — 3901 Morrison Rd, Denver, CO 80219

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.04
    Latitude
    39.7339

    FAQs

    What type of property is this?
    Warehouse - Office/warehouse with storage, dock access, and business use potential.
    Where is this warehouse located?
    The property is located at 1050 S Quitman Street Denver, CO.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: Versatile commercial building suitable for office, warehouse, residential, and various business uses.; Dock access for easy loading and unloading.; Ample storage space throughout the building.
    More about this property
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