Property profile

190 E 9Th Ave Denver, CO 80203

FOR LEASE
Office buildings
Property ID
US13-0271122
27,990 SF 0.29 ac lot Built 1965
Entity Owned 26-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional five-story office building, totaling 23,764 square feet, is ideally situated in Denver's vibrant Capitol Hill neighborhood at the corner of East 9th Avenue and Sherman Street. The building offers a variety of office spaces, suitable for traditional, medical, or creative office uses, with a minimum divisible space of 200 square feet and a maximum contiguous space of 1,240 square feet. Multiple tenants currently occupy the building, creating a thriving and collaborative environment. The building features convenient amenities including an elevator and a shared conference room located on the first floor. Its central location provides easy access to major thoroughfares such as I-25, Speer Boulevard, Santa Fe Drive, and 6th Avenue, ensuring convenient commutes for employees and clients. The building's proximity to Downtown Denver, Cherry Creek, and Governor's Park adds to its appeal. The current tenant mix includes a diverse range of professionals, including therapists, counselors, accountants, lawyers, and public relations firms, reflecting the building's versatility and appeal to a wide range of businesses. This is a rare opportunity to secure office space in a highly sought-after Denver location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction WOOD
Total area 27,990 SF
Lot 0.29 ac (12,500 SF)
Zoning code C-MX-8
APN 05038-25-017-000
UPID US13-0271122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Big Box & Wholesale Store Shipping Company
  • Law Firm
  • Life Coach Consultant
  • Vocational School Training Center

Location

190 E 9Th Ave Denver, CO 80203
Denver metro Census 2706 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.06M
Blend (final) Blend
$745k

Owner & transaction history

since 1999
2 recorded transactions
1999
$1.5M
1969
Price N/A

Zoning & alternative use

C-MX-8 · Denver, CO
Zoning description

c. Mixed Use - 8 (C-MX-8) C-MX-8 applies to areas or intersections served primarily by arterial streets where a building scale of 2 to 8 stories is desired. D. Mixed Use - 12 (C-MX-12) C-MX-12 applies to areas or interse…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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