Live-Work Space with Rooftop
For Sale
Contact for pricing
5439 South Prince Street, Littleton, CO 80120
Vacant mixed-use property combines flexible office space with a refined residential loft and multiple outdoor areas.
Property Size4,275 SF
Price / SF$350.88
Days on Market18
Property Features for 5439 South Prince Street
General Information
Standard status
Active
Size
4,275 SF
Class
B
Total Parking Spaces
5
Elevators
Yes
Property subtype
Office, Mixed Use
Zoning
MU-3999
Investment Type
Owner/User
Additional Details
Floor
Main
Public Transit
Yes
Office Units
1
Amenities
secured entrance
intercom
rooftop deck
hot tub
balcony
patio with natural gas grill
Building Details
Year Built
2004
Buildings
1
Stories
3
Units
1
Construction
brick and metal panels
Listing Agency:
Serhant - Denver
Listed By:
Jordan Wagner · License #155062892
Source:
Crexi
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 4:08PM
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 Serhant - Denver
Investment Insights
Based on property information with market context.
This 4,275-square-foot live-work property, built in 2004, combines commercial and residential components across three levels. The main floor includes three private offices, a kitchenette, and an ADA-compliant half bath. Above, the residential loft offers two bedrooms, three baths, 10-foot ceilings, extensive windows, a chef’s kitchen, a bonus area, and a private elevator serving all floors. Outdoor amenities include a rooftop deck with a hot tub, two balconies, and a patio equipped with a natural gas grill. A heated interior garage space, additional exterior parking, secured entry with cameras and intercom, and Hunter Douglas blinds add practical functionality.
Located at 5439 South Prince Street in Littleton, the property is four blocks from light rail and bus access and near downtown dining, shopping, and trails. MU-3999 zoning supports the live-work configuration described for the property, including commercial and residential use options. The space is currently vacant.
Located at 5439 South Prince Street in Littleton, the property is four blocks from light rail and bus access and near downtown dining, shopping, and trails. MU-3999 zoning supports the live-work configuration described for the property, including commercial and residential use options. The space is currently vacant.
Key Highlights
- 4,275‑square‑foot live‑work property on three levels
- MU‑3999 zoning supports commercial, residential, or combined live‑work use
- Main floor features 3 private offices, kitchenette, and ADA‑compliant half bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,496
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,489,920
$1.5M
Cap Rate 7%
$1,064,229
$1.1M
Cap Rate 9%
$827,733
$827.7K
Market Conditions
NOI Build-Up for 4,275 SF
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.
Gross rent
$119.5K $27.96/SF
− Vacancy
−$20.2K −$4.73/SF
EGI
$99.3K $23.23/SF
− OpEx
−$24.8K −$5.81/SF
NOI
$74.5K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,489,920
Cap Rate 7%
$1,064,229
Cap Rate 9%
$827,733
Alternative Uses
Best Use
Office B
$1.06M
$931.2K – $1.24M
NOI $74,496 @ 7.0% cap · market cap 4.97%
Second Best
Mixed Use
$763.1K
$667.7K – $890.3K
NOI $53,416 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,787 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
2,142
Businesses Nearby
Explore this area
Business Placement
Demographics for 80120, CO
29,445
Population
14,252
Households
2.1
Avg Household Size
42
Median Age
52%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,505
Density / Sq Mi
$91,162
Median Household Income
$52,849
Median Earnings
$1,607
Median Rent
$596,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Vacant mixed-use property combines flexible office space with a refined residential loft and multiple outdoor areas.
Where is this live-work space located?
The property is located at 5439 South Prince Street Littleton, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,275‑square‑foot live‑work property on three levels; MU‑3999 zoning supports commercial, residential, or combined live‑work use; Main floor features 3 private offices, kitchenette, and ADA‑compliant half bath
