The Penn | 1165 S Pennsylvania St
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The Penn 1165 S Pennsylvania St
15,603 SF Office Building Denver, CO 80210 £4,004,175 (£257/SF)
Investment Highlights
- Prime Denver Urban Infill Real Estate Opportunity
- 10-minute walk to the popular South Pearl Street
- Close proximity to Wash Park and University of Denver
- I-25 Visibility & Signage (200k + vehicles per day)
- 1.5 blocks to Light Rail Station @ Louisiana & Pearl
Executive Summary
Madison Commercial Properties, LLC is pleased to exclusively market for sale THE PENN, a 15,603 square foot multi-tenant office investment opportunity located in the historic Denver neighborhood of Platt Park. The property offers in-place income, rare on-site parking and is ideal for an owner-user, value-add investor, or redevelopment.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| 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 |
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
15,603 SF
Building Class
C
Year Built/Renovated
1989/2018
Price
£4,004,175
Price Per SF
£257
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,896 SF
Building FAR
0.64
Land Acres
0.56 AC
Zoning
U-MS-3 - Urban - Main Street - 3 stories
Parking
33 Spaces (2.11 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Commuter Rail
- Fenced Lot
- Signage
- Basement
- Outdoor Seating
1 of 1
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 5221-04-031 | Total Assessment | £819,477 |
| Land Assessment | £663,774 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £155,703 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
5221-04-031
Land Assessment
£663,774
Improvements Assessment
£155,703
Total Assessment
£819,477
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023 Payable 2024
-
Brandon Gouker -
Doug Gates -
Madison Commercial Properties
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The Penn | 1165 S Pennsylvania St
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