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Multi-Tenant Class B Office Building
For Sale
$2,900,000

5005 W 81st Place, Westminster, CO 80031

Renovated multi-suite office property with surface parking and access between Sheridan Boulevard and Highway 36.

Property Size19,200 SF
Lot Size0.69 Acres
Days on Market192

Property Features for 5005 W 81st Place

General Information

Standard status Active
Size 19,200 SF
Class B
Total Parking Spaces 54
Lot size 0.69 Acres
Property subtype Multi Tenant Office

Additional Details

Highway Access Yes
Office Units 19

Building Details

Building Size 19,200 SF
Year Built 1984
Year Renovated 2019
Buildings 1
Tenancy Multi
Listing Agency: HRE Group LLC
Listed By: Boston Weir
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 3:37PM

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 HRE Group LLC

Investment Insights

Based on property information with market context.

This Class B office building contains 19 individual suites ranging from 220 SF to 2,400 SF. Constructed in 1984, the property underwent renovations completed in 2019 and includes 54 surface parking spaces on a 30,056 SF lot. The multi-tenant configuration provides a range of office suite sizes within one property.

The building is positioned in Westminster between Sheridan Boulevard and Highway 36, with restaurants and shopping within walking distance. It is located south of the redeveloped Westminster Mall and offers access to both the Denver and Boulder metropolitan areas. AT&T occupies space under a lease extending through 2039.

Key Highlights

  • 19 office suites ranging from 220 SF to 2,400 SF
  • Class B office building constructed in 1984
  • Renovations completed in 2019

Property Analytics

Current Use

Hard Money Lenders ... Loan Service Ignite Counseling Colorado Psychotherapist Glow Portfolio Studio ... Hair Salon Sheridan Professional Building Real Estate Agency Advantage Environmental Consultants, ... Consultant

Suggested Use

Top Pick Law Firm Hair Salon Food Market Grocery & Convenience Store Bakery Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby

Demographics for 80031, CO

37,254
Population
15,377
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
89%
High-School Grad
8.4 sq mi
ZIP Area
4,435
Density / Sq Mi
$106,244
Median Household Income
$56,470
Median Earnings
$1,911
Median Rent
$499,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated multi-suite office property with surface parking and access between Sheridan Boulevard and Highway 36.
Where is this office building located?
The property is located at 5005 W 81st Place Westminster, CO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 19 office suites ranging from 220 SF to 2,400 SF; Class B office building constructed in 1984; Renovations completed in 2019
More about this property
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