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1129 Pennsylvania St
Denver, CO 80203
The Butters House · Office Property For Sale
Investment Highlights
- Fully restored 1890 Queen Anne Victorian designated as a Denver landmark, offering historic character with modern functionality.
- Renovated two-level carriage house providing stable in-place income from long-term tenancy.
- Flexible G-MU-5 zoning supporting office use with potential future residential conversion for value-add strategies.
- Rare Capitol Hill parking with 15 surface spaces plus one garage space—an exceptional amenity in this dense urban location.
- Move-in-ready condition with new HVAC systems, recent paint, and well-maintained interiors.
- Prime Capitol Hill location steps from the State Capitol, Denver Art Museum, and walkable neighborhood amenities.
Executive Summary
1129 Pennsylvania Street is a fully restored 1890 Queen Anne Victorian located within the Pennsylvania Street Historic District in Denver’s Capitol Hill neighborhood. The property is a designated City of Denver landmark and was comprehensively refurbished by Preservation Partnership in 1981, preserving its architectural character while upgrading building systems.
The asset includes a renovated two-level carriage house and historic main residence configured for professional office use. Two long-term tenants occupy the upper floors and carriage house, providing stable in-place income. The lower-level suite is currently vacant and ready for owner-user occupancy or lease-up.
A rare amenity in Capitol Hill, the property offers 15 surface parking spaces plus one garage space. Zoned G-MU-5, the building offers future flexibility, including continued office use or potential conversion back to a single-family residence.
Please execute the Confidentiality Agreement to receive the full Offering Memorandum, including complete financials.
The asset includes a renovated two-level carriage house and historic main residence configured for professional office use. Two long-term tenants occupy the upper floors and carriage house, providing stable in-place income. The lower-level suite is currently vacant and ready for owner-user occupancy or lease-up.
A rare amenity in Capitol Hill, the property offers 15 surface parking spaces plus one garage space. Zoned G-MU-5, the building offers future flexibility, including continued office use or potential conversion back to a single-family residence.
Please execute the Confidentiality Agreement to receive the full Offering Memorandum, including complete financials.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,326 SF
Building Class
C
Year Built/Renovated
1890/1981
Price
$1,800,400 CAD
Price Per SF
$245.75 CAD
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,442 SF
Building FAR
0.76
Lot Size
0.22 AC
Zoning
G-MU-5 - General Urban multi-unit district allowing urban houses, duplexes, rowhouses, and apartments up to 5 stories.
Parking
16 Spaces (2.18 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- High Ceilings
- Hardwood Floors
- Air Conditioning
- Balcony
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