1540 Emerson St, Denver, CO 80218

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

Asking Price $1,600,000

Sale Condition
High Vacancy Property
Property Type
Office
Square Feet
8,580 SF
Price / Square Foot
$186

Listing Contacts

Nicholas Schill

Property Overview

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.

Property Details

Class
C
Year Built
1960
Stories
2
Property Subtype
Office/Residential
Lot Size (sq. ft)
14,375 SF

Highlights

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

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