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Denver Office/Flex Building For Sale

2721 W Holden Place Denver, CO 80204

2721 W Holden Place, Denver, CO, 80204
$2,450,000
For Sale
$2,450,000

10,138 SF office/flex building near Downtown Denver.

Property Size10,138 SF
Lot Size0.22 Acres
Price / SF$241.67
Days on Market322

Property Features for 2721 W Holden Place

General Information

Standard status
Active
Size
10,138 SF
Lot size
0.22 Acres
Property subtype
Commercial

Building Details

Year Built
1998
Listing Agency BERKSHIRE HATHAWAY HOMESERVICES COLORADO REAL ESTATE, LLC
Listed by CANDICE OH
Source Corcoran
Added: Sep 3, 2025 Updated: Jul 6 at 8:24 am Checked: Jul 20 at 3:47 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 BERKSHIRE HATHAWAY HOMESERVICES COLORADO REAL ESTATE, LLC


Investment Insights

Based on property information with market context.

Located at 2721 W Holden Place in Denver, CO, this commercial asset is a 10,138 SF office/flex building. Constructed in 1998 and renovated in 2014, the property features four units and is zoned CMX-8. The building offers a flexible configuration, including a 4,000 SF upper-level suite. Features include private entrances, updated kitchens and restrooms with showers, a drive-in bay, and warehouse space. The property is located minutes from Downtown Denver and Empower Field, with access to I-25, Colfax, and Federal Blvd. This property is suitable for businesses looking to elevate their workspace, or for investors targeting an adaptable, income-generating asset.

Key Highlights

  • Prime location minutes from Downtown Denver and Empower Field, with excellent access to I‑25, Colfax, and Federal Blvd.
  • Versatile 10,138 SF office/flex building with four units and CMX‑8 zoning.
  • Available 4,000 SF upper‑level suite ideal for an owner‑user.

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 $267.6k $26.40
− Vacancy −$69.6k −$6.86
EGI $198.1k $19.54
− OpEx −$49.5k −$4.88
NOI $148.5k $14.65
10,138 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,542 @ 7.0% cap · market cap 6.06%
Second Best
Flex RnD
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,575 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$3.23M
$2.82M – $3.77M (±1% cap)
NOI $225,910 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ink Monstr Graphics ... Marketing & Advertising Jaden Hanson - Denver ... Real Estate Agency Nikki Owen - Denver ... Real Estate Agency Ink Monstr Apparel Textile Manufacturer Colorado Quick Quote ... Insurance Agency

Suggested Use

Hair Salon Law Firm Nail Salon Dental Office Real Estate Agency Spa & Massage Center Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Accounting Firm

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

FAQs

What type of property is this?
Office building - 10,138 SF office/flex building near Downtown Denver.
Where is this office building located?
The property is located at 2721 W Holden Place Denver, CO.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime location minutes from Downtown Denver and Empower Field, with excellent access to I‑25, Colfax, and Federal Blvd.; Versatile 10,138 SF office/flex building with four units and CMX‑8 zoning.; **Available 4,000 SF upper‑level suite ideal for an owner‑user.**
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