Versatile Flex Building in
175 Pecos Denver, CO 80223
175 Pecos, Denver, CO, 80223
$800,000
For Sale
$800,000
Recently upgraded flex building with office and warehouse space for sale.
Property Size2,376 SF
Price / SF$336.70
Days on Market404
Property Features for 175 Pecos
General Information
- Standard status
- Active
- Size
- 2,376 SF
Building Details
- Year Built
- 1977
Listing Agency
URBAN LUXE REAL ESTATE
(720) 300-0330
Listed by
DIONA GOUKER
Source
Corcoran
Added: Jun 10, 2025 Checked: Mar 16 at 9:08 am
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 URBAN LUXE REAL ESTATE
Investment Insights
Based on property information with market context.
This versatile flex building, recently upgraded, is available for sale or lease, presenting an opportunity for businesses seeking a functional and centrally located space in Denver. The property, with 2,376 square feet on a 6,173 square foot lot, features a layout that includes a reception area, a conference room, five private offices, a kitchen/break area, and a drive-in warehouse/storage space. Equipped with two oversized drive-in doors, the building is suited for companies needing both office and light industrial capabilities. Recent improvements to the property total over $240,000, creating a turnkey environment ready for occupancy. The property provides six dedicated off-street parking spaces, abundant free street parking, and a fully fenced 1,000 square foot yard suitable for additional storage or equipment. Located minutes from I-25 and 6th Avenue, at 175 S Pecos St, it offers access throughout the Denver metro area. Downtown Denver is 7 minutes away, Cherry Creek is 15 minutes away, the Denver Tech Center is 20 minutes away and Denver International Airport is 30 minutes away. Situated near the Baker and West Washington Park neighborhoods, the building is close to amenities, restaurants, and services. This flexible space is suited for a range of users, including businesses needing a mix of office and warehouse space, service providers, creative or technical teams, and others seeking an accessible and functional location in Denver.
Key Highlights
- Recently upgraded with over $240,000 in improvements, offering a modern, turnkey environment.
- Functional layout features a reception area, conference room, five private offices, kitchen/break area, and drive‑in warehouse/storage space.
- Excellent access to I‑25 and 6th Avenue provides convenient access to key Denver locations.
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 | $62.7k | $26.40 |
| − Vacancy | −$16.3k | −$6.86 |
| EGI | $46.4k | $19.54 |
| − OpEx | −$11.6k | −$4.88 |
| NOI | $34.8k | $14.65 |
2,376 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$497.3K
$435.2K – $580.2K
NOI $34,813 @ 7.0% cap · market cap 4.35%
Second Best
Warehouse
$350.8K
$306.9K – $409.2K
NOI $24,553 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$756.4K
$661.8K – $882.4K
NOI $52,946 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Magic Bar Coffee — 1155 W 5th Ave, Denver, CO 80204
- Three Tomatoes Catering — 255 Yuma St, Denver, CO 80223
FAQs
What type of property is this?
Flex space - Recently upgraded flex building with office and warehouse space for sale.
Where is this flex space located?
The property is located at 175 Pecos Denver, CO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Recently upgraded with over $240,000 in improvements, offering a modern, turnkey environment.; Functional layout features a reception area, conference room, five private offices, kitchen/break area, and drive‑in warehouse/storage space.; Excellent access to I‑25 and 6th Avenue provides convenient access to key Denver locations.
