Office Buildings and
For Sale
$6,000,000
383-393 Corona Street, Denver, CO 80218
Office buildings and office spaces are offered for sale at 383-393 Corona Street in Denver.
Property Size15,641 SF
Days on Market112
Property Features for 383-393 Corona Street
General Information
Standard status
Active
Size
15,641 SF
Class
A
Property subtype
Office
Building Details
Building Size
15,641 SF
Year Built
1910
Listing Agency:
Henry Group Real Estate
Listed By:
Patrick Henry · License #CO #ER.001319334
(303) 625-7444
Source:
Henrygroupre
Added: Jun 25
Changed: Oct 6
Last Checked: Oct 12 at 5:40PM
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 Henry Group Real Estate
Investment Insights
Based on property information with market context.
This offering includes office buildings and office spaces being marketed for sale at 383-393 Corona Street. The property is positioned as a flexible option for parties looking to acquire office-focused real estate in a single address, with the transaction structured for buyers evaluating both near-term occupancy and long-term use of office space.
The asset is located in Denver, Colorado 80218. Prospective buyers and tenant representatives should review the specific unit mix and layout details during diligence, as the provided information focuses on the property’s office use category rather than individual configurations.
For an owner-occupier, this could be a straightforward way to pursue office space at a single address while consolidating operations under an ownership structure. For investors or groups sourcing office inventory, the “office buildings/office spaces” framing supports a property-level evaluation based on the buyer’s underwriting and leasing strategy. Contact the listing team for additional materials needed to assess the rentable space, current configuration, and any existing building or suite-level details that may affect fit and financial assumptions.
The asset is located in Denver, Colorado 80218. Prospective buyers and tenant representatives should review the specific unit mix and layout details during diligence, as the provided information focuses on the property’s office use category rather than individual configurations.
For an owner-occupier, this could be a straightforward way to pursue office space at a single address while consolidating operations under an ownership structure. For investors or groups sourcing office inventory, the “office buildings/office spaces” framing supports a property-level evaluation based on the buyer’s underwriting and leasing strategy. Contact the listing team for additional materials needed to assess the rentable space, current configuration, and any existing building or suite-level details that may affect fit and financial assumptions.
Key Highlights
- Office buildings and office spaces for sale at 383‑393 Corona Street in Denver
- Year built: 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,172
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,583,440
$4.6M
Cap Rate 7%
$3,273,886
$3.3M
Cap Rate 9%
$2,546,356
$2.5M
Market Conditions
NOI Build-Up for 15,641 SF
Gross rent
$412.9K $26.40/SF
− Vacancy
−$107.4K −$6.86/SF
EGI
$305.6K $19.54/SF
− OpEx
−$76.4K −$4.88/SF
NOI
$229.2K $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%
$4,583,440
Cap Rate 7%
$3,273,886
Cap Rate 9%
$2,546,356
Alternative Uses
Best Use
Office B
$3.27M
$2.86M – $3.82M
NOI $229,172 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.98M
$4.36M – $5.81M
NOI $348,537 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
2,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Office building - Office buildings and office spaces are offered for sale at 383-393 Corona Street in Denver.
Where is this office building located?
The property is located at 383-393 Corona Street Denver, CO.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Office buildings and office spaces for sale at 383‑393 Corona Street in Denver; Year built: 1910
