Englewood Mixed-Use Property For
960 E Hampden Avenue #A B C Englewood, CO 80113
960 E Hampden Avenue #A B C, Englewood, CO, 80113
$1,795,000
For Sale
$1,795,000
Mixed-use property in Englewood's Medical District, near Swedish Medical Center.
Property Size4,157 SF
Price / SF$431.80
Days on Market124
Property Features for 960 E Hampden Avenue #A B C
General Information
- Standard status
- Active
- Size
- 4,157 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing Agency
RE/MAX LEADERS
(303) 834-1144
Listed by
NEZAR S AWEIDA · License #ER40025758
Source
Corcoran
Added: Mar 16 Checked: Jul 17 at 3:12 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX LEADERS
Investment Insights
Based on property information with market context.
The property at 960 E Hampden Ave presents a mixed-use opportunity in Englewood’s Medical District, situated near Swedish Medical Center and Craig Hospital. The property includes two condos, each featuring two bedrooms and 2.5 bathrooms. These luxury condos offer modern finishes and an open-concept living space, complemented by private rooftop entertaining areas. Additionally, there is a ground-floor retail unit suitable for either an owner-user or an investor seeking commercial income. Each unit has been upgraded with contemporary designs and includes attached garage parking. The location provides access to dining, shopping, and transit options. This property may appeal to traveling medical professionals, patient families, or long-term tenants. The property size is 4157 square feet.
Key Highlights
- Prime location in Englewood's Medical District, steps from Swedish Medical Center and Craig Hospital.
- Mixed‑use property with two luxury 2‑bed, 2.5‑bath condos and a ground‑floor retail unit.
- Private rooftop entertaining areas for each condo.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.2k | $27.00 |
| − Vacancy | −$4.9k | −$1.19 |
| EGI | $107.3k | $25.81 |
| − OpEx | −$32.2k | −$7.74 |
| NOI | $75.1k | $18.07 |
4,157 SF · lease $27.00/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$53.54M
$46.85M – $62.46M
NOI $3,747,637 @ 7.0% cap · market cap 208.78%
Second Best
Retail
$1.07M
$938.9K – $1.25M
NOI $75,110 @ 7.0% cap · market cap 4.18%
Theoretical Best
Multifamily LT 5
$61.72M
$54.00M – $72.00M
NOI $4,320,272 @ 7.0% cap · market cap 240.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Englewood's Medical District, near Swedish Medical Center.
Where is this mixed-use property located?
The property is located at 960 E Hampden Avenue #A B C Englewood, CO.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Prime location in Englewood's Medical District, steps from Swedish Medical Center and Craig Hospital.; Mixed‑use property with two luxury 2‑bed, 2.5‑bath condos and a ground‑floor retail unit.; Private rooftop entertaining areas for each condo.
