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Three-Story Office Building
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1670 York St, Denver, CO 80206

Three-story office building featuring nine total offices, with four on the second floor and five smaller offices on the third floor.

Property Size4,932 SF
Price / SF$302.11
Days on Market533

Property Features for 1670 York St

General Information

Standard status Active
Size 4,932 SF
Property subtype OFFICE

Additional Details

Office Units 9

Building Details

Stories 3
Tenancy Multi
Listing Agency: Madison Commercial Properties
Listed By: Jeff Walsh
Source: Moodyscre
Added: Feb 18, 2025 Changed: Jul 25 Last Checked: Jul 25 at 6:10PM

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 Madison Commercial Properties

Investment Insights

Based on property information with market context.

This three-story office building offers nine total offices, including four offices on the second floor and five smaller offices on the third floor. The configuration provides a straightforward multi-suite layout across the upper levels.

The property is located at Josephine St & E 17th Ave in the City Park West neighborhood, near City Park and Cheesman Park. It is within walking distance to multiple restaurants and retailers.

The building is described as being about 10 minutes from Downtown Denver, supporting convenient access for day-to-day business operations.

Key Highlights

  • 3‑story office building located at Josephine St & E 17th Ave
  • 9 total offices: 4 offices on the 2nd floor and 5 smaller offices on the 3rd floor
  • Located in the City Park West neighborhood near City Park & Cheesman Park

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 $130.2k $26.40
− Vacancy −$33.9k −$6.86
EGI $96.4k $19.54
− OpEx −$24.1k −$4.88
NOI $72.3k $14.65
4,932 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.03M
$903.3K – $1.20M (±1% cap)
NOI $72,264 @ 7.0% cap · market cap 4.85%
Second Best
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,902 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Clinic Medical Clinic King & Greisen Law Firm Schwartz Laura Law Firm King Employment Law Law Firm

Suggested Use

Top Pick Nail Salon Electrical Service Big Box & Wholesale Store Furniture & Home Goods Daycare Center Carpet & Flooring Store

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

Lease Details

9
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,319
Businesses Nearby

Demographics for 80206, CO

26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building featuring nine total offices, with four on the second floor and five smaller offices on the third floor.
Where is this office building located?
The property is located at 1670 York St Denver, CO.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 3‑story office building located at Josephine St & E 17th Ave; 9 total offices: 4 offices on the 2nd floor and 5 smaller offices on the 3rd floor; Located in the City Park West neighborhood near City Park & Cheesman Park
(303) 905-0406 Call to check price and availability
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