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    235 Sherman St Denver, CO 80209

    For Lease
    Contact for pricing

    Central Denver school, 1.5 acres, 30 parking spaces.

    Lot size:
    57,191 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 57,191-square-foot special purpose property, zoned U-TU-B2, presents a unique opportunity in Denver's Central submarket. Located at 235 S Sherman St, Denver, CO 80209, this single-tenant facility sits on approximately 1.5 acres of land and boasts 30 parking spaces, supplemented by ample street parking. Currently configured as a school, the building features 21 classrooms and 8 administrative offices, making it ideal for educational or potentially adaptive reuse. Key features include a tournament-sized basketball gymnasium with boys' and girls' locker rooms, a warming and serving kitchen, and a cafeteria/lunchroom adaptable as a multipurpose space. A sloped auditorium/theater with a stage offers potential for renovation and repurposing. Outdoor amenities include a fenced playground with a large play structure, swings, a basketball court, and green space designed for K-8 use. The property enjoys convenient access to I-25 via Alameda or Lincoln/Broadway, and is within walking distance of the Alameda Light Rail Station, Safeway, Sam's Club, and various fast-food options. Its proximity to Washington Park (within one mile) adds to its desirability. This property offers significant potential for a variety of uses, given its size, location, and existing infrastructure.

    Property Features for 235 Sherman St

    General Information

    Property type
    Schools
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,191 SF

    Unit(s) available at that property

    Space
    Size
    57,191 SF

    HighLights

    • 57,191 SF special‑purpose property on ~1.5 acres in Denver's Central submarket.
    • Located at 235 S Sherman St, Denver, CO 80209, zoned U‑TU‑B2.
    • Single‑tenant facility with 30 parking spaces plus ample street parking.
    • Currently configured as a school with 21 classrooms and 8 offices, ideal for education or adaptive reuse.
    • Features a gymnasium, kitchen, cafeteria/multipurpose room, and sloped auditorium/theater.
    • Includes a fenced playground, basketball court, and green space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Law Firm Restaurant 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
    Arapahoe
    State
    Colorado
    Longitude
    -104.98518591926
    Latitude
    39.712263086946

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    FAQs

    What type of property is this?
    School - Central Denver school, 1.5 acres, 30 parking spaces.
    Where is this school located?
    The property is located at 235 Sherman St Denver, CO.
    What are key features of this property?
    This property features: 57,191 SF special-purpose property on ~1.5 acres in Denver's Central submarket.; Located at 235 S Sherman St, Denver, CO 80209, zoned U-TU-B2.; Single-tenant facility with 30 parking spaces plus ample street parking.
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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
    235 Sherman St Denver, CO 80209
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