Modernized City Park West
1575 N Gilpin Denver, CO 80218
1575 N Gilpin, Denver, CO, 80218
$2,500,000
For Sale
$2,500,000
Move-in ready property in walkable neighborhood with flexible layouts.
Property Size9,375 SF
Lot Size0.22 Acres
Price / SF$266.67
Days on Market325
Property Features for 1575 N Gilpin
General Information
- Standard status
- Active
- Size
- 9,375 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1918
Listing agency
UNIQUE PROPERTIES LLC
(303) 321-5888
Listed by
BRETT MACDOUGALL · License #FA.100049630
Source
Corcoran
Added: Sep 2, 2025 Updated: Jul 6 at 8:24AM Checked: Jul 22 at 10:12AM
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 City Park West, this modernized professional property features high ceilings and polished finishes. The flexible layouts are ideal for architects, engineers, or creative users. Situated on a corner lot, the property includes on-site parking, providing visibility and accessibility. The building offers tech infrastructure, minimal buildout needs, and adaptable configurations for owner-users or investors. This move-in ready asset delivers long-term flexibility in an established neighborhood. The property has mature landscaping and offers onsite and street parking. It presents a live/work opportunity with full residential amenities and high-end finishes. Formerly used as a custom-built architecture office, the property has a total size of 9375 square feet.
Key Highlights
- Prime corner lot location in Denver's City Park West with excellent visibility and accessibility.
- Rare on‑site parking in a walkable, established neighborhood.
- Move‑in ready condition with HIGH‑END FINISHES and minimal buildout needs.
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 | $247.5k | $26.40 |
| − Vacancy | −$64.4k | −$6.86 |
| EGI | $183.2k | $19.54 |
| − OpEx | −$45.8k | −$4.88 |
| NOI | $137.4k | $14.65 |
9,375 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.96M
$1.72M – $2.29M
NOI $137,363 @ 7.0% cap · market cap 5.49%
Second Best
Mixed Use
$1.89M
$1.65M – $2.20M
NOI $132,047 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,908 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Studio PBA, Inc.
Architect
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Move-in ready property in walkable neighborhood with flexible layouts.
Where is this office building located?
The property is located at 1575 N Gilpin Denver, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime corner lot location in Denver's City Park West with excellent visibility and accessibility.; Rare on‑site parking in a walkable, established neighborhood.; Move‑in ready condition with HIGH‑END FINISHES and minimal buildout needs.
