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Modernized City Park West Property

1575 N Gilpin Denver, CO 80218

Claim this Listing
For Sale
$2,500,000

Move-in ready property in walkable neighborhood with flexible layouts.

Type:Commercial
Property size:
9,375 SF
Lot size:
0.22 Acres
Price / SF:
$266/SF
Added:
Sep 2, 2025
Days on Market:
313
Last Refresh:
May 11 at 12:04 am

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 office UNIQUE PROPERTIES LLC

Listing date Sep 2, 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 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 (±1% cap)
NOI $137,363 @ 7.0% cap · market cap 5.49%
Second Best
Mixed Use
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,047 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M (±1% cap)
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

Suggested Use

Electrical Service Daycare Center Furniture & Home Goods Nail Salon Carpet & Flooring Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store

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

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.
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