Vacant Office Condominium in Three-Building
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
(303) 773-3885
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.
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
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
NOI $51,898 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Explore this area
Business Placement
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
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