1658-1668 N Lafayette St
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1658-1668 N Lafayette St
13,658 SF 100% Leased Office Building Denver, CO 80218 $4,850,000 ($355/SF) 8.33% Cap Rate
Investment Highlights
- PERFECT FOR AN INVESTOR OR AN OWNER/USER (SHORT-TERM TENANT LEASES)
- BEAUTIFUL COMMON SPACES, OUTDOOR PATIOS & OFF-STREET PARKING
- RECENTLY REMODELED THROUGHOUT
Executive Summary
Introducing the Lafayette Suites at City Park West—a premier opportunity to own a free-standing office building in Denver’s coveted City Park West neighborhood, where timeless elegance meets modern functionality. Currently utilized as co-working space, this property boasts 23 offices of varying layouts, a striking brick facade, and large windows that flood the interiors with natural light. The building blends original fixtures with modern updates, offering a well-appointed kitchen, several communal areas, cozy outdoor patio areas, and convenient off-street parking. Set on a spacious lot, it provides a tranquil atmosphere on a scenic, tree-lined street. Its unbeatable location places you just blocks from City Park and a wealth of nearby restaurants, bars, markets, retail stores, and services. This is an ideal opportunity for investors or future owner-users seeking a prime headquarters location.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,658 SF
Building Class
B
Year Built/Renovated
1925/2022
Price
$4,850,000
Price Per SF
$355
Cap Rate
8.33%
NOI
$403,905
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,829 SF
Building FAR
1.07
Land Acres
0.29 AC
Zoning
C-MS-5
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Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (91)
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1658-1668 N Lafayette St
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