Renovated Historic Office
1670 York St Denver, CO 80206
1670 York St, Denver, CO, 80206
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For Sale
Contact for pricing
Standalone office building with historic charm and modern functionality.
Property Size4,932 SF
Price / SF$302.11
Days on Market570
Property Features for 1670 York St
General Information
- Standard status
- Active
- Size
- 4,932 SF
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing Agency
Madison Commercial Properties Ltd
(720) 257-5183
Listed by
Nick Jurgens · License #CO FA100073889
Source
Crexi
Added: Dec 23, 2024 Checked: Jul 15 at 4:16 pm
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 Ltd
Investment Insights
Based on property information with market context.
This standalone office building, originally constructed in 1920 and renovated in 2019, offers 4,932 square feet of space. The renovated building combines historic charm with modern functionality. The layout includes 9 offices and 2 conference rooms. The property features updated finishes throughout. It is suitable for a professional business seeking character and efficiency. The building's architecture and turnkey upgrades provide both prestige and practicality.
Key Highlights
- 4,932 SF standalone office building in a prime location.
- Renovated in 2019 with updated finishes throughout.
- Features 9 spacious offices and 2 well‑appointed conference rooms.
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 | $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
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
NOI $109,902 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Clinic
Medical Clinic
King & Greisen
Law Firm
Schwartz Laura
Law Firm
King Employment Law
Law Firm
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FAQs
What type of property is this?
Office building - Standalone office building with historic charm and modern functionality.
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: 4,932 SF standalone office building in a prime location.; Renovated in 2019 with updated finishes throughout.; Features 9 spacious offices and 2 well‑appointed conference rooms.
