Victorian Office
For Sale
$699,000
3132 Federal Boulevard, Denver, CO 80211
Seven private offices and a conference room provide dedicated space for daily operations and client meetings.
Property Size1,879 SF
Price / SF$372.01
Days on Market153
Property Features for 3132 Federal Boulevard
General Information
Standard status
Active
Size
1,879 SF
Total Parking Spaces
4
Property subtype
Office
Zoning
U-MX-3
Site & Location
Neighborhood
Highland
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,433
Amenities
seven private offices
dedicated conference room
two restrooms
full kitchen/break area
Building Details
Year Built
1893
Buildings
1
Building Size
1,879 SF
Construction
Victorian
Listing Agency:
Banyan Real Estate LLC
Listed By:
Chris Lamee · License #001315204
(303) 748-3843
Source:
Kap-lyons
Added: May 28
Changed: Oct 27
Last Checked: Oct 26 at 3:52PM
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 Banyan Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1,879-square-foot office property dates to 1893 and has a Victorian-era character. Its layout includes seven private offices, a conference room, two restrooms, and a full kitchen and break area. U-MX-3 zoning applies, and four off-street parking spaces are provided.
Located on Federal Boulevard in Denver, the property is 1.4 miles from Ball Arena, 1 mile from Empower Field at Mile High, and 2 miles from Downtown Denver. Nearby retail and restaurants and access to major transportation routes are also noted.
Located on Federal Boulevard in Denver, the property is 1.4 miles from Ball Arena, 1 mile from Empower Field at Mile High, and 2 miles from Downtown Denver. Nearby retail and restaurants and access to major transportation routes are also noted.
Key Highlights
- 1,879‑square‑foot office building constructed in 1893
- Seven private offices and a dedicated conference room
- Two restrooms and a full kitchen/break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,531
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,620
$550.6K
Cap Rate 7%
$393,300
$393.3K
Cap Rate 9%
$305,900
$305.9K
Market Conditions
NOI Build-Up for 1,879 SF
Gross rent
$49.6K $26.40/SF
− Vacancy
−$12.9K −$6.86/SF
EGI
$36.7K $19.54/SF
− OpEx
−$9.2K −$4.88/SF
NOI
$27.5K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,620
Cap Rate 7%
$393,300
Cap Rate 9%
$305,900
Alternative Uses
Best Use
Office B
$393.3K
$344.1K – $458.9K
NOI $27,531 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$598.2K
$523.4K – $697.9K
NOI $41,871 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,427
Businesses Nearby
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Business Placement
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
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Market
Vacancy Rate% for Office in Denver, CO
Frequently Asked Questions
What type of property is this?
Office building - Seven private offices and a conference room provide dedicated space for daily operations and client meetings.
Where is this office building located?
The property is located at 3132 Federal Boulevard Denver, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,879‑square‑foot office building constructed in 1893; Seven private offices and a dedicated conference room; Two restrooms and a full kitchen/break area
