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1540 N Emerson St

8,580 SF Office Building Denver, CO 80218 $1,600,000 ($186/SF)

Investment Highlights

  • Property is currently a warm shell and 100% vacant.
  • Half a block from Colfax Corridor in Capital Hill.
  • Favorable tax status.
  • Lot size of 14,500 square feet with zoning for 3 stories.
  • 29 paved on-site parking spots.
  • Large lot 100' x 150'

Executive Summary

This 8,231 SF brick facility has been totally gutted for asbestos removal, which has been completed with full paperwork available. The lot is 14,500 SF with G-RO-3 zoning, which allows residential and office uses in a residential area - up to three stories. Less than one block from Colfax Avenue and Clarkson Street. price reduction if property goes under contract and closes before 7/01/24. Property priced at $150,000 less than current seller paid for it, not to mention the $65,000 he paid for asbestos removal.

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,580 SF
Building Class
C
Year Built
1960
Price
$1,600,000
Price Per SF
$186
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,239 SF
Slab To Slab
12’
Building FAR
0.59
Land Acres
0.33 AC
Zoning
G-RO-3 - GRO-3 General residential and or office up to 3 stories. Building has been condo'd so two separate parcels. Two separate tax rolls
Parking
29 Spaces (3.38 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2354-25-051
Land Assessment
$264,720
Improvements Assessment
$64,000
Total Assessment
$328,720
  • Listing ID: 26836098

  • Date on Market: 10/12/2022

  • Last Updated:

  • Address: 1540 N Emerson St, Denver, CO 80218

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