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    3515 Delaware St Englewood, CO 80110

    For Sale
    $1,998,000

    9,696 SF Medical Office, Sale/Leaseback

    Property size:
    9,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 9,696 square foot medical office building in Englewood, Colorado presents a compelling sale-leaseback opportunity. Built in 1961 and renovated in 2002, the Class B property sits on a 20,313 square foot lot and features 28 on-site parking spaces (2.8 spaces per 1,000 sq ft). Currently occupied by STRIDE Community Health Center, the building offers a stable, long-term tenant. The asking price is $1,998,000 ($206.06 per square foot). Located at 3515 S Delaware St, Englewood, CO 80110, the property boasts a convenient location with a Walk Score of 87 and a Transit Score of 53. Zoned MU-B-2, this versatile building allows for a wide range of permitted uses beyond its current medical function. The single-story building offers significant potential for growth in a thriving Southwest Denver submarket characterized by low vacancy rates and high demand from various industries, including healthcare, defense, and engineering. The property's prime location within Englewood's strong business community, near major transportation routes (I-25 and Highway 85), and proximity to amenities like CityCenter Englewood, further enhances its investment appeal. This is a rare opportunity to acquire a well-maintained, income-producing asset with substantial upside potential.

    Property Features for 3515 Delaware St

    General Information

    Property type
    Medical offices
    Square Feet
    9,696 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1961/2002
    Buildings
    1
    Stories
    1

    HighLights

    • Englewood, CO location offers strong business community and economic growth, near Arrow Electronics and Liberty Media.
    • Property situated in a bustling commercial district with retail, office, and restaurants, near CityCenter Englewood.
    • Excellent access to I‑25 and Hwy 85, providing easy access to downtown Denver and the Denver Tech Center.
    • Mixed‑use neighborhood provides a vibrant community with nearby residential areas for employees and customers.
    • Englewood's strong community and supportive local government offer resources for businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Englewood Health Center Medical Clinic Metro Community Provider ... Medical Clinic Coscio Catherine Registered General Nurse Dr. Kristin Orlowski Psychologist Dr. Tracy Hofeditz Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.99281070474
    Latitude
    39.652566543362

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    FAQs

    What type of property is this?
    Medical office - 9,696 SF Medical Office, Sale/Leaseback
    Where is this medical office located?
    The property is located at 3515 Delaware St Englewood, CO.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: Englewood, CO location offers strong business community and economic growth, near Arrow Electronics and Liberty Media.; Property situated in a bustling commercial district with retail, office, and restaurants, near CityCenter Englewood.; Excellent access to I-25 and Hwy 85, providing easy access to downtown Denver and the Denver Tech Center.
    Request Owner's contact information
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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
    3515 Delaware St Englewood, CO 80110
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