Renovated Office Building with Five
New
For Sale
$750,000
7400 W 20th Ave, Denver, CO 80214
A corner-lot professional workspace includes a lobby, kitchenette, two bathrooms, and dedicated parking.
Property Size1,833 SF
Price / SF$409.17
Days on Market5
Property Features for 7400 W 20th Ave
General Information
Standard status
Active
Size
1,833 SF
Total Parking Spaces
16
Additional Details
Condition
Newly Renovated
Utilities to Site
Yes
Office Units
5
Property Use
Office
Amenities
private offices
lobby
waiting area
kitchenette
bathrooms
central air
forced-air heat
skylights
fenced lot
storage shed
wired for AV and video conferencing
WiFi
Building Details
Year Built
1940
Year Renovated
2024
Buildings
1
Stories
1
Building Size
1,833 SF
Listing Agency:
Grant Real Estate Company
Listed By:
Trish Kelly · License #100032281
(720) 331-6377
Source:
Pathhometeam
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 2 at 8:34PM
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 Grant Real Estate Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story office property contains 1,833 square feet, with five private offices arranged around a lobby and waiting area. A kitchenette, utility area with laundry hookups, storage, a half bath, and a three-quarter bath with a walk-in shower support day-to-day operations. Central air and forced-air heat serve the building, while office wiring supports AV use and video conferencing in three rooms. The property also has a fenced rear area and a maintenance and storage shed.
A 2024 renovation included new framing, plumbing, wiring, roof, and skylights, along with foundation jacking and the office buildout. The roof received a silicone coating in 2025, and the main sewer line was repaired in 2026. Ten parking spaces are positioned at the front, including ADA parking; the rear area has six secured spaces. Zoning is City of Lakewood MES.
A 2024 renovation included new framing, plumbing, wiring, roof, and skylights, along with foundation jacking and the office buildout. The roof received a silicone coating in 2025, and the main sewer line was repaired in 2026. Ten parking spaces are positioned at the front, including ADA parking; the rear area has six secured spaces. Zoning is City of Lakewood MES.
Key Highlights
- 1,833‑square‑foot, single‑story office building with five private offices
- 2024 renovation; silicone roof coating completed in 2025 and main sewer line repairs in 2026
- Five offices, lobby and waiting area, kitchenette, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,857
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,140
$537.1K
Cap Rate 7%
$383,671
$383.7K
Cap Rate 9%
$298,411
$298.4K
Market Conditions
NOI Build-Up for 1,833 SF
Gross rent
$48.4K $26.40/SF
− Vacancy
−$12.6K −$6.86/SF
EGI
$35.8K $19.54/SF
− OpEx
−$9.0K −$4.88/SF
NOI
$26.9K $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%
$537,140
Cap Rate 7%
$383,671
Cap Rate 9%
$298,411
Alternative Uses
Best Use
Office B
$383.7K
$335.7K – $447.6K
NOI $26,857 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.5K
$510.6K – $680.8K
NOI $40,846 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Frequently Asked Questions
What type of property is this?
Office building - A corner-lot professional workspace includes a lobby, kitchenette, two bathrooms, and dedicated parking.
Where is this office building located?
The property is located at 7400 W 20th Ave Denver, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,833‑square‑foot, single‑story office building with five private offices; 2024 renovation; silicone roof coating completed in 2025 and main sewer line repairs in 2026; Five offices, lobby and waiting area, kitchenette, and two bathrooms
