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Property profile & analytics
FOR SALE
Office buildings

1563 N Gaylord St Denver, CO 80206

8,181 SF 0.29 ac lot Built 1915
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US13-0988395
Property summary
AI-generated overview

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 profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1915
Construction WOOD
Total area 8,181 SF
Lot 0.29 ac (12,500 SF)
Zoning code G-RO-3
APN 02355-31-035-000
UPID US13-0988395
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Buescher Goldhammer Kelman Law Firm
  • Beasley Christopher Law Firm
  • Perera Naomi Law Firm
  • Mindy Greenwald, Attorney at Law Law Firm Financial Advisor
  • Dodge Shelley Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Other Side Academy Denver · 7 yrs held
Other Side Academy Denver
since 2018
Last sale
$255,000
5 recorded transactions
2019
Price N/A
2018
$2.5M
2018
Price N/A
2012
$875,000
1969
Price N/A
Zoning & alternative use
G-RO-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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