1563 Gaylord St Denver, CO 80206

Property Details for 1563 Gaylord St

Year built

1915

Construction

WOOD

Lot size

0.29 lot acres

Property size

8,181 SF

Zone code

G-RO-3

Property type

Office buildings

APN

02355-31-035-000

APU

235531035000

Description

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.