Industrial Condo with Office and Paint
For Sale
$1,300,000
1750 West 64th Avenue, Denver, CO 80221
Contiguous industrial space with in-place permitted paint booth, office support, and fully sprinklered warehouse systems.
Property Size4,934 SF
Price / SF$263.48
Days on Market145
Property Features for 1750 West 64th Avenue
General Information
Standard status
Active
Size
4,934 SF
Property subtype
Industrial
Additional Details
Sprinkler System
Yes
Building Details
Building Size
4,934 SF
Listing Agency:
Digby Commercial Advisors
Listed By:
Tanner Digby · License #100077815
(720) 843-1330
Source:
Commercialcafe
Added: Jun 3
Changed: Oct 14
Last Checked: Oct 24 at 1:43PM
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 Digby Commercial Advisors
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Investment Insights
Based on property information with market context.
Units A and B are offered together as one combined industrial condominium with no demising wall, creating a contiguous layout suited to specialized light industrial use. The combined space totals approximately 4,934 SF, including about 650 SF of office area and approximately 4,284 SF of warehouse area.
The facility includes a permitted oversized paint booth measuring 26'7" x 14', along with a permitted mixing room. The warehouse is fully sprinklered and is serviced by radiant tube heat and swamp coolers for year-round functionality. Additional improvements include a mezzanine measuring approximately 17' x 80' and Comcast internet service. The association is professionally maintained.
This configuration is a strong fit for owner-users who require industrial fabrication or automotive-related improvements already in place, including the permitted paint operations. Association dues are $375 per month and cover water, trash, fire alarm monitoring, and stormwater management, simplifying several recurring utility and service components for occupants.
The facility includes a permitted oversized paint booth measuring 26'7" x 14', along with a permitted mixing room. The warehouse is fully sprinklered and is serviced by radiant tube heat and swamp coolers for year-round functionality. Additional improvements include a mezzanine measuring approximately 17' x 80' and Comcast internet service. The association is professionally maintained.
This configuration is a strong fit for owner-users who require industrial fabrication or automotive-related improvements already in place, including the permitted paint operations. Association dues are $375 per month and cover water, trash, fire alarm monitoring, and stormwater management, simplifying several recurring utility and service components for occupants.
Key Highlights
- Combined Units A and B offered together as a contiguous ±4,934 SF industrial condominium with no demising wall between suites
- Includes approx. 650 SF office area plus ±4,284 SF warehouse space
- Permitted oversized paint booth: 26'7" x 14', plus a permitted mixing room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,986
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,720
$1.0M
Cap Rate 7%
$728,371
$728.4K
Cap Rate 9%
$566,511
$566.5K
Market Conditions
NOI Build-Up for 4,934 SF
Gross rent
$65.1K $13.20/SF
− Vacancy
−$5.1K −$1.04/SF
EGI
$60.0K $12.16/SF
− OpEx
−$9.0K −$1.82/SF
NOI
$51.0K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,720
Cap Rate 7%
$728,371
Cap Rate 9%
$566,511
Alternative Uses
Best Use
Warehouse
$728.4K
$637.3K – $849.8K
NOI $50,986 @ 7.0% cap · market cap 3.92%
Second Best
Flex RnD
$657.5K
$575.4K – $767.1K
NOI $46,028 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,947 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80221, CO
42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Denver, CO
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Frequently Asked Questions
What type of property is this?
Flex space - Contiguous industrial space with in-place permitted paint booth, office support, and fully sprinklered warehouse systems.
Where is this flex space located?
The property is located at 1750 West 64th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Combined Units A and B offered together as a contiguous ±4,934 SF industrial condominium with no demising wall between suites; Includes approx. 650 SF office area plus ±4,284 SF warehouse space; Permitted oversized paint booth: 26'7" x 14', plus a permitted mixing room
