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Modern Office Condo with Amenities

2 Adams Street Unit A Denver, CO 80206

2 Adams Street Unit A, Denver, CO, 80206
$349,500
For Sale
$349,500

Suite features glass-walled bullpens, reception, break room, and a peninsula bar within a secured mixed-use building.

Property Size818 SF
Price / SF$427.26
Days on Market429

Property Features for 2 Adams Street Unit A

General Information

Standard status
Active
Size
818 SF
Property subtype
Office

Building Details

Year Built
1974
Listing agency West Rock Realty, LLC
Listed by Andrew Hicks · License #IR.100028722
Source Xome
Added: May 19, 2025 Updated: Jul 20 at 10:54PM Checked: Jul 21 at 3:06AM

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 West Rock Realty, LLC


Investment Insights

Based on property information with market context.

Rarely available 818 SF modern office condo, offered for lease or sale with a rent-to-own option. The interior includes glass-walled bullpens, a reception area, a break room, and a peninsula bar. A shared hallway restroom sits just outside the suite.

Located at 2 Adams Street Unit A in Denver’s Cherry Creek area, the space is within a luxury residential building that provides a private, professionally managed office environment. Building access includes resort-style amenities such as a fitness center, pool, hot tub, locker rooms with saunas, and a club room that can be used for meetings or events.

Parking options include garage spaces available for an additional fee, a surface lot across the street, and ample street or row parking behind the building.

Key Highlights

  • 818 SF modern office condo suite in a secured mixed‑use building in Cherry Creek
  • Suite layout includes glass‑walled bullpens, reception area, break room, and a peninsula bar
  • Professionally managed building with shared hallway restroom conveniently located just outside the suite

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 $21.6k $26.40
− Vacancy −$5.6k −$6.86
EGI $16.0k $19.54
− OpEx −$4.0k −$4.88
NOI $12.0k $14.65
818 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$171.2K
$149.8K – $199.8K (±1% cap)
NOI $11,985 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.4K
$227.9K – $303.8K (±1% cap)
NOI $18,228 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

mountain shadows condominium Condominium Complex Fierce Collaboration Training Center Warehouse Hotline LLC Real Estate Agency L J Hair ... Hair Salon Madeline Hair Design Hair Salon

Suggested Use

Daycare Center Food Market Catering Service Locksmith (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service Electrical Service (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Office units - Suite features glass-walled bullpens, reception, break room, and a peninsula bar within a secured mixed-use building.
Where is this office units located?
The property is located at 2 Adams Street Unit A Denver, CO.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 818 SF modern office condo suite in a secured mixed‑use building in Cherry Creek; Suite layout includes glass‑walled bullpens, reception area, break room, and a peninsula bar; Professionally managed building with shared hallway restroom conveniently located just outside the suite
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