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    Modernized Office Live/Work Building Title is generated by Realmo AI

    1127 E 16th Ave, Denver, CO 80218

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    For Sale
    $695,000

    Modernized 1933 office building with off-street parking, fenced yard, and live/work flexibility for professional users.

    Type:Office
    Property size:
    2,593 SF
    Price / SF:
    $268/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:58 am

    Property Features for 1127 E 16th Ave

    General Information

    Standard status
    Active
    Size
    2,593 SF
    Property subtype
    Office

    Building Details

    Year Built
    1933

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    Listing Contact
    Michael DeSantis

    Listing agent Michael DeSantis

    Listing office Unique Properties, Inc.

    Listing date Jun 2, 2026

    Source Tcnworldwide

    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, Inc.

    HighLights

    • Modernized 1933 office building with 2,593 SF in Denver’s City Park West (Zoned G‑RO‑3).
    • Off‑street parking located behind the building.
    • Fenced yard space with mature landscaping.
    • Fenced front yard space in addition to the yard area.
    • Live/work flexibility for professional users.

    Overview

    This modernized office building is housed in a charming 1933 structure and offers office space configured for boutique professional use. With live/work potential, it combines traditional office practicality with the option for an integrated work-and-living setup. The property also includes off-street parking behind the building, plus a fenced front yard space with mature landscaping.

    Located in Denver’s City Park West, the property is zoned G-RO-3 and set up to support professional tenancy with an environment that feels more private than a typical multi-tenant configuration. The combination of dedicated parking and an enclosed yard area provides added utility for day-to-day operations and client-facing needs.

    The layout and zoning make this a strong fit for law firms, startups, agencies, and other boutique professional offices seeking a distinct setting. It’s particularly well suited for organizations that value a small, character-forward workplace while keeping the flexibility to support live/work use under the existing zoning framework.

    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 $68.5k $26.40
    − Vacancy −$17.8k −$6.86
    EGI $50.7k $19.54
    − OpEx −$12.7k −$4.88
    NOI $38.0k $14.65
    2,593 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $542.8K
    $474.9K – $633.2K (±1% cap)
    NOI $37,993 @ 7.0% cap · market cap 5.47%
    Second Best
    Mixed Use
    $521.7K
    $456.5K – $608.7K (±1% cap)
    NOI $36,522 @ 7.0% cap · market cap 5.25%
    Theoretical Best
    Office A
    $825.4K
    $722.3K – $963.0K (±1% cap)
    NOI $57,781 @ 7.0% cap · market cap 8.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Colavria Hospitality Nursing Home Colavria Professional Services

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9726421
    Latitude
    39.7418333

    FAQs

    What type of property is this?
    Live-work space - Modernized 1933 office building with off-street parking, fenced yard, and live/work flexibility for professional users.
    Where is this live-work space located?
    The property is located at 1127 E 16th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Modernized 1933 office building with 2,593 SF in Denver’s City Park West (Zoned G‑RO‑3).; Off‑street parking located behind the building.; Fenced yard space with mature landscaping.
    More about this property
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