1928 18Th Ave Denver, CO 80206

This 2,302 sq ft Class B office building, located at 1928 E 18th Ave in Denver, CO 80206, presents a compelling investment opportunity. Built in 1908 and converted to commercial use before the 1980s, the property sits on a 0.062-acre lot and features six offices, two bathrooms, and ample storage. Currently housing four tenants with a gross lease, the building offers a mix of creative, medical, and traditional office spaces. The asking price is $799,000, translating to $347.09 per square foot. The property boasts a desirable location with easy access to downtown Denver, St. Joseph Hospital, City Park, and various amenities. The building includes on-site parking, supplemented by ample two-hour street parking across the street. The property's zoning is G-RO-3, Commercial-Office. The 2022 property taxes, paid in 2023, totaled $13,685.46 (Schedule Number 02355-17-027-000). The building's construction is a combination of brick and wood siding, with a foundation of brick and concrete. Utilities are provided by the City of Denver/Excel Energy. An attached one-car garage, currently used for storage, offers potential for conversion into additional usable space. The current layout allows for flexibility, making it ideal for a single tenant or multiple tenants. With one office soon to be vacant, and another currently used by the owner, there is immediate potential for increased rental income. This property offers a strong return on investment in a thriving Denver neighborhood.