This stunning 8,181 square foot, three-story office building, constructed in 1914 and renovated in 2000, presents a unique investment opportunity in Denver's vibrant city center. Currently vacant, this Class C property offers immense potential for various uses, including creative office space, executive suites, or medical offices. The existing layout includes six full bathrooms, making it well-suited for professional services or law offices. However, its adaptable zoning (G-RO-3) and spacious layout also allow for creative conversions, such as studio suites for a multi-family property (potential for 10+ units), a single-family home, short-term rentals, a hostel, wellness center, or even a school. Situated on a 12,500 square foot lot, the property boasts a prime location within walking distance of restaurants, bars, entertainment venues, grocery stores, and public transportation. Its proximity to Carla Madison Recreation Center and City Park adds to its appeal. The asking price of $2,300,000 includes both the building and a separate parking lot. Alternatively, the property can be purchased separately: the building for $1,700,000 (8,181 sq ft on 6,250 sq ft of land) and the parking lot for $600,000 (6,250 sq ft of land). This versatile property offers a rare chance to acquire a substantial asset in a highly desirable Denver location.
Property Features for 1563 Gaylord St
General Information
Property type
Medical offices
Square Feet
8,181 SF
Class
C
Building Details
Year Built/Renovated
1914/2000
Buildings
1
Stories
3
HighLights
Magnificent 8,181 SF mansion on a 6,250 SF lot, priced at $1,700,000.
Adjacent 6,250 SF parking lot available for $600,000.
Combined property (mansion and parking lot) offered at $2,300,000.
Medical office - Central Denver, 8,181 SF Office Building
Where is this medical office located?
The property is located at 1563 Gaylord St Denver, CO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Magnificent 8,181 SF mansion on a 6,250 SF lot, priced at $1,700,000.; Adjacent 6,250 SF parking lot available for $600,000.; Combined property (mansion and parking lot) offered at $2,300,000.
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1563 Gaylord St Denver, CO 80206
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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.
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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.
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1563 Gaylord St Denver, CO 80206
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1563 Gaylord St, Denver, CO
Lisa Snead
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1563 Gaylord St, Denver, CO
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