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    Classic Dutch Colonial Office Building Title is generated by Realmo AI

    1718 N Gaylord Street, Denver, CO 80206

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    For Sale
    $950,000

    Updated Dutch Colonial mansion-turned-office in downtown Denver.

    Type:Commercial
    Property size:
    3,420 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $277/SF
    Added:
    Feb 26, 2026
    Days on Market:
    99
    Last Refresh:
    Apr 5 at 9:04 pm

    Property Features for 1718 N Gaylord Street

    General Information

    Standard status
    Active
    Size
    3,420 SF
    Lot size
    0.14 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1904

    We can help!

    Listing Contact
    BRIAN BELL
    BRIAN BELL

    Listing agent BRIAN BELL

    Listing office BELLSTREET INC

    Listing date Feb 26, 2026

    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 BELLSTREET INC

    HighLights

    • Immaculately updated in 2022 with refreshed wood finishes, new carpets, new electrical components, and central air conditioning.
    • Prime downtown Denver location, steps away from fine dining and entertainment.
    • Spacious interior with multiple offices: 3 upstairs, 1 on the main floor, and 3 in the lower level.
    • Suitable for small business or residential conversion.
    • Features a large boardroom and kitchenette break area on the main floor.
    • Classic Dutch Colonial architecture with gorgeous woodwork and stained glass windows.

    Overview

    This classic Dutch Colonial mansion has been converted into an office space, retaining historical character with woodwork and stained glass. Updated in 2022, the property is suitable for small business use or residential conversion. The two-story building includes a finished basement. The interior features refreshed wood finishes, new carpets, new electrical components, and central air conditioning. There are three offices upstairs, one on the main floor, and three in the lower level. Each floor has a restroom. The main floor also includes a large boardroom and a kitchenette break area. Located in downtown Denver, the property is near dining and entertainment options. The property is a historical landmark. The property size is 3,420 square feet. The garage requires restoration for use.

    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 $90.3k $26.40
    − Vacancy −$23.5k −$6.86
    EGI $66.8k $19.54
    − OpEx −$16.7k −$4.88
    NOI $50.1k $14.65
    3,420 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $715.9K
    $626.4K – $835.2K (±1% cap)
    NOI $50,110 @ 7.0% cap · market cap 5.27%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.09M
    $952.6K – $1.27M (±1% cap)
    NOI $76,210 @ 7.0% cap · market cap 8.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    the equity project Association / Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.961
    Latitude
    39.7436

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      Classic Dutch Colonial Office Building

      Updated Dutch Colonial mansion-turned-office in downtown Denver.
      1718 N Gaylord St, Denver, CO 80206
      View Details

    FAQs

    What type of property is this?
    Office building - Updated Dutch Colonial mansion-turned-office in downtown Denver.
    Where is this office building located?
    The property is located at 1718 N Gaylord Street Denver, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Immaculately updated in 2022 with refreshed wood finishes, new carpets, new electrical components, and central air conditioning.; Prime downtown Denver location, steps away from fine dining and entertainment.; Spacious interior with multiple offices: 3 upstairs, 1 on the main floor, and 3 in the lower level.
    (303) 731-5800
    We can help!
    Listing Contact
    BRIAN BELL
    BRIAN BELL
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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