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    2240 Blake St Denver, CO 80205-2058

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    2240 Blake St Denver, CO 80205-2058


    • Office buildings
    • 13,024 SF
    • 0.15 lot acres
    Off-Market
    Last Sale May 11, 2023
    Property ID
    US13-0230005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Calculated Hire - Denver / Employment Agency
    • Coffee High Co. / Cafe & Coffee Shop
    • Brooksource - Denver / Employment Agency
    • Medasource - Denver / Employment Agency
    • Tagline Marketing / Advertising Agency / Marketing & Advertising

    Property Details for 2240 Blake St

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    13,024 SF
    Zone code
    C-MX-8
    Property type
    Office buildings
    APN
    02279-02-011-000
    APU
    227902011000

    Description

    This exceptional two-story, 13,024 square foot mixed-use building at 2240 Blake Street in Denver's vibrant Ballpark neighborhood presents a compelling owner-user opportunity. Currently 73% occupied, the property boasts a Class A build-out featuring exposed brick, polished concrete floors, skylights, and massive wood beams, creating an impeccable modern aesthetic. The first floor includes a thriving café tenant, while approximately 3,171 square feet of space on the first floor is immediately available for occupancy or lease. Built in 1923 and extensively renovated in 2013, the building benefits from an elevator and stairs, and is free of deferred maintenance. The property's C-MX-8 zoning provides significant upside potential for future redevelopment or expansion. Its location within the Ballpark neighborhood, adjacent to Coors Field and surrounded by popular restaurants and retailers (including Cherry Cricket and Guiry's), ensures high visibility and strong rental demand. The Ballpark location also offers advantages over other downtown areas, including exemption from LoDo Design Review board regulations and the 55-foot height restriction. Adjacent parking is available, and the building offers excellent signage opportunities. The current lease rates are at market value, and the Ballpark submarket consistently outperforms downtown Denver in rental rates and occupancy. This is a rare chance to acquire a well-maintained, income-producing asset in a highly sought-after location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,390,000
      6.5%
      $3,130,000
      7%
      $2,910,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,573,000
      Market price range: $391k - $2.20M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,975,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,970,000
      Change: -0% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.991
    Latitude
    39.7566
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $92,779
    $570,140
    $627,220
    $1,197,360
    -
    $2,073,500
    $2,248,100
    $4,321,600
    More about this property
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