Renovated Office Condo on
For Sale
$499,000
1401 South Broadway, Denver, CO 80210
Recently renovated office condo with high visibility and foot traffic.
Property Size1,606 SF
Price / SF$310.71
Days on Market321
Property Features for 1401 South Broadway
General Information
Standard status
Active
Size
1,606 SF
Class
A
Property subtype
Office
Building Details
Building Size
1,606 SF
Year Built
1915
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Paul Nora
(708) 990-6028
Source:
Pinnaclerea
Added: Nov 21, 2025
Changed: Oct 4
Last Checked: Oct 7 at 10:07AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This 1606 square-foot condo is situated along the South Broadway corridor, benefiting from high visibility and substantial foot traffic. The property has been recently renovated, featuring a new HVAC and plumbing system complete with a lift, as well as an ADA-compliant bathroom. The main conference room includes doors that slide open and shut for privacy. Along the wall are four individual office spaces, each equipped with floor-to-ceiling windows and doors. Keyless electronic secure entrance via Brivo Pass was installed this year. Sonos speakers are installed throughout the space. A custom bar and floating shelves in the center are suitable for displaying awards, signage, or products. Almost all lights are on dimmers. This property is intended for office use and may be suitable for an owner-user.
Key Highlights
- High visibility and foot traffic on South Broadway corridor.
- Recently renovated with new HVAC and plumbing.
- ADA compliant bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,531
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,620
$470.6K
Cap Rate 7%
$336,157
$336.2K
Cap Rate 9%
$261,456
$261.5K
Market Conditions
NOI Build-Up for 1,606 SF
Gross rent
$42.4K $26.40/SF
− Vacancy
−$11.0K −$6.86/SF
EGI
$31.4K $19.54/SF
− OpEx
−$7.8K −$4.88/SF
NOI
$23.5K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,620
Cap Rate 7%
$336,157
Cap Rate 9%
$261,456
Alternative Uses
Best Use
Office B
$336.2K
$294.1K – $392.2K
NOI $23,531 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.2K
$447.3K – $596.5K
NOI $35,787 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 80210, CO
39,394
Population
18,496
Households
2.1
Avg Household Size
33
Median Age
76%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
6,458
Density / Sq Mi
$120,156
Median Household Income
$61,607
Median Earnings
$1,963
Median Rent
$870,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Office units - Recently renovated office condo with high visibility and foot traffic.
Where is this office units located?
The property is located at 1401 South Broadway Denver, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High visibility and foot traffic on South Broadway corridor.; Recently renovated with new HVAC and plumbing.; ADA compliant bathroom.
