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    51 4Th Ave Denver, CO 80223

    Sponsored
    For Sale
    $3,200,000

    Historic Charm, Modern Office Space

    Property size:
    8,863 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story office building, located at 51 W 4th Avenue in Denver, Colorado, presents a unique investment opportunity. The 8,863 square foot building, originally constructed in 1890 and extensively renovated in 2014, seamlessly blends historic architectural details with contemporary functionality. The property boasts 11 covered and deeded parking spaces in an adjacent building. Situated in the vibrant Baker Historic Neighborhood, this C-MX-8 zoned property offers excellent visibility and accessibility, with proximity to South Broadway's diverse dining and entertainment options, and convenient access to public transportation. The building features an elevator servicing the basement, first, and second floors. The 9,833 square foot lot provides ample space, and the building's blend of timeless charm and modern amenities makes it ideal for owner-occupiers or investors seeking a high-quality property in a thriving Denver location. The Baker neighborhood, developed in the 1870s, is known for its diverse population, preserved historic homes, and proximity to Broadway's Main Street development. This property offers a compelling combination of history, location, and modern conveniences, making it a truly exceptional investment. The asking price is $3,200,000.

    Property Features for 51 4Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,863 SF

    Building Details

    Year Built/Renovated
    1890/2014
    Buildings
    1
    Stories
    3

    HighLights

    • 11 deeded parking spaces in adjacent Watermark luxury residential building.
    • Walkable to South Broadway's restaurants.
    • Historic building with contemporary updates.
    • Elevator service to all three floors.
    • Historic building with contemporary updates.
    • High visibility and accessibility with a blend of classic and modern design.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auxilio Management Services Environmental Consultant

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.98914839481
    Latitude
    39.722551577744

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Modern Office Space
    Where is this office property / space located?
    The property is located at 51 4Th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 11 deeded parking spaces in adjacent Watermark luxury residential building.; Walkable to South Broadway's restaurants.; Historic building with contemporary updates.
    (720) 291-0686
    Request Owner's contact information
    51 4Th Ave Denver, CO 80223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51 4Th Ave Denver, CO 80223
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