4495 Hale Pkwy Denver, CO 80220-6210

Property Details for 4495 Hale Pkwy

Year built

1969

Construction

WOOD

Lot size

0.74 lot acres

Property size

26,913 SF

Zone code

H-1-A

Property type

Office buildings

APN

06062-29-016-000

APU

606229016000

Description

This exceptional four-story, 24,904 square foot Class B office building is situated on a prime 0.74-acre lot in Denver, Colorado. Located at 4495 E. Hale Parkway, this multi-tenant property boasts 97.4% occupancy and features a mix of medical and traditional office spaces. Built in 1969, the building has undergone significant recent improvements, including a new elevator, updated LED lighting, and substantial renovations to the multi-level parking garage. The property is zoned H-1-A, offering redevelopment potential. The asking price is $5,950,000, translating to $238.92 per square foot. This owner-user investment opportunity benefits from its convenient location near Rose Medical Center, Lindsley Park, and Colorado Boulevard. Many tenants have occupied the building for decades, with several on short-term leases. The property has been under the same family ownership for nearly 25 years, demonstrating its long-term stability and consistent maintenance. This presents a unique chance to acquire a well-maintained, high-occupancy asset in a desirable Denver location with significant upside potential. The gross lease structure simplifies management, and the property's history of successful tenancy speaks to its enduring appeal. The substantial parking garage adds significant value to this already attractive investment.

Location Insight

City

Denver

County

Denver

State

Colorado

Longitude

-104.935

Latitude

39.7342

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments