Renovated Office Building in
2941 W 19th Avenue Denver, CO 80204
2941 W 19th Avenue, Denver, CO, 80204
Contact for pricing
For Sale
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Recently renovated office building in vibrant Jefferson Park neighborhood.
Property Size5,964 SF
Price / SF$352.11
Days on Market64
Property Features for 2941 W 19th Avenue
General Information
- Standard status
- Active
- Size
- 5,964 SF
- Property subtype
- Office
Building Details
- Year Built
- 1965
Listing Agency
Pinnacle Real Estate Advisors
(303) 962-9552
Listed by
Peter Sengelmann · License #CO FA.100043607
Source
Crexi
Added: May 15 Checked: Jul 17 at 5:08 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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This recently renovated standalone office building is located in an urban neighborhood. The 5,964 square foot property features on-site parking and natural light. The building is move-in ready and fully furnished with modern collaborative workstations. Situated in Jefferson Park, the building offers views of Empower Field and convenient access to Federal Boulevard, Colfax Avenue, Speer Boulevard, and I-25. A mix of restaurants, breweries, and retail options are located nearby. This property presents an owner-user opportunity.
Key Highlights
- Move‑in ready, fully furnished with modern collaborative workstations.
- Abundant on‑site parking.
- Recently renovated standalone office building.
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 | $157.4k | $26.40 |
| − Vacancy | −$40.9k | −$6.86 |
| EGI | $116.5k | $19.54 |
| − OpEx | −$29.1k | −$4.88 |
| NOI | $87.4k | $14.65 |
5,964 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.09M – $1.46M
NOI $87,385 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,899 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Integris
IT Consulting Firm
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FAQs
What type of property is this?
Office building - Recently renovated office building in vibrant Jefferson Park neighborhood.
Where is this office building located?
The property is located at 2941 W 19th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Move‑in ready, **fully furnished with modern collaborative workstations**.; Abundant on‑site parking.; Recently renovated standalone office building.
