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1928 E 18th Ave 1,897 SF Office Building Denver, CO 80206 $888,942 CAD ($468.60 CAD/SF) 6.52% Cap Rate
Executive Summary
PRICE REDUCED another $50K in at the end of March - now priced at $649K!
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner. The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
This historical building was built in 1908, as a residential home. It was converted to a
commercial office building, prior to the early 1980s, when it was purchased by the current owner. The facility consists of 2,302 sq. ft. on a 2,700 sq. ft. (0.062 acre) lot per Assessor’s site. The
lot includes fencing, and signage. The building contains 6 offices and 2 bathrooms, with lots of storage space.
Parking includes spaces, with ample 2-hour client parking across the street.
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Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,897 SF
Building Class
B
Year Built
1908
Price
$888,942 CAD
Price Per SF
$468.60 CAD
Cap Rate
6.52%
NOI
$58,003 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,170 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.06 AC
Zoning
G-RO-3 - G-RO-3, Property Type: Commercial-Office
Amenities
- Storage Space
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2355-17-027 | Improvements Assessment | $99,903 CAD |
| Land Assessment | $99,903 CAD | Total Assessment | $270,176 CAD |
Property Taxes
Parcel Number
2355-17-027
Land Assessment
$99,903 CAD
Improvements Assessment
$99,903 CAD
Total Assessment
$270,176 CAD
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1928 E 18th Ave
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