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Vacant Office Condominium in Three-Building Complex
For Sale
$385,000

8751 E Hampden Avenue Unit A6, Denver, CO 80231

Vacant office condo zoned CC-3X within a three-building professional health and services complex.

Days on Market70

Property Features for 8751 E Hampden Avenue Unit A6

General Information

Standard status Active
Property subtype Office
Zoning CC-3X

Additional Details

Office Units 1

Building Details

Building Size 2,329 SF
Year Built 1980
Tenancy Multi
Owner Occupied No
Listing Agency: Brokers Guild Real Estate
Listed By: Manijeh Saeidi
Source: Corken
Added: May 23 Changed: Jul 30 Last Checked: Jul 31 at 11:13AM

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 Brokers Guild Real Estate

Investment Insights

Based on property information with market context.

Vacant office condominium located at 8751 E Hampden Avenue Unit A6 in Denver, Colorado. The space was previously operated as a massage spa and is now available for an owner-user or a new tenant, supported by a commercial zoning designation for the property.

The condo sits within a well-established three-building complex. The professional tenant mix noted for the complex includes medical offices, chiropractic, dental, legal, insurance, acupuncture, financial services, engineering, and other health practitioners.

Zoned Commercial Corridor 3 (CC-3X), the property was built in 1980 and is positioned for compatible office and healthcare-oriented uses within the existing multi-tenant environment.

Key Highlights

  • Vacant office condo previously operated as a massage spa
  • Zoned Commercial Corridor 3 (CC‑3X)
  • Part of a three‑building complex with a professional tenant mix

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $61.5k $26.40
− Vacancy −$16.0k −$6.86
EGI $45.5k $19.54
− OpEx −$11.4k −$4.88
NOI $34.1k $14.65
2,329 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$487.5K
$426.6K – $568.8K (±1% cap)
NOI $34,125 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$741.4K
$648.7K – $865.0K (±1% cap)
NOI $51,898 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Butler Brian DDS Dental Office Deborah M. Rosenberg, ... Physician William N. Costas, ... Physician Associates In Managed Care Physician Crager Susan w ... Physician

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Parking Lot & Garage

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby

Demographics for 80231, CO

36,014
Population
18,252
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
4.9 sq mi
ZIP Area
7,350
Density / Sq Mi
$73,961
Median Household Income
$48,062
Median Earnings
$1,727
Median Rent
$489,900
Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Vacant office condo zoned CC-3X within a three-building professional health and services complex.
Where is this office units located?
The property is located at 8751 E Hampden Avenue Unit A6 Denver, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Vacant office condo previously operated as a massage spa; Zoned Commercial Corridor 3 (CC‑3X); Part of a three‑building complex with a professional tenant mix
More about this property
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