77 E Vassar Ave
3,256 SF Vacant Office Building Denver, CO 80210 £848,441 (£260.58/SF)
INVESTMENT HIGHLIGHTS
- Easily Convertible One- or Two-Tenant Layout to Maximize Leasing Options
- Charming Exposed Brick and Beam Ceilings Add Attractive Industrial Look
- Parking Lot Offers Additional Income Potential from Nearby Businesses
EXECUTIVE SUMMARY
The Kramer Group of Marcus & Millichap is pleased to present the
investment opportunity located at 77 E Vassar Ave in Denver, Colorado.
This two-story, Class B office building features a fully finished basement
and a fenced patio, offering functionality and outdoor space for tenants.
The interior showcases exposed brick and beam ceilings, enhancing the
appeal of the property by adding an industrial-chic aesthetic. The office is
located near the strong demand drivers Porter Hospital and the University
of Denver, ensuring consistent occupancy potential.
The flexible layout allows for an easy conversion into a two-tenant space, maximizing leasing
opportunities and revenue generation. Additionally, the property presents
a unique income stream through potential parking revenue from a
neighboring business.
investment opportunity located at 77 E Vassar Ave in Denver, Colorado.
This two-story, Class B office building features a fully finished basement
and a fenced patio, offering functionality and outdoor space for tenants.
The interior showcases exposed brick and beam ceilings, enhancing the
appeal of the property by adding an industrial-chic aesthetic. The office is
located near the strong demand drivers Porter Hospital and the University
of Denver, ensuring consistent occupancy potential.
The flexible layout allows for an easy conversion into a two-tenant space, maximizing leasing
opportunities and revenue generation. Additionally, the property presents
a unique income stream through potential parking revenue from a
neighboring business.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,256 SF
Building Class
C
Year Built/Renovated
1950/2004
Price
£848,441
Price Per SF
£260.58
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,628 SF
Slab to Slab
12 ft
Building FAR
0.53
Lot Size
0.14 AC
Zoning
U-SU-B1
Parking
14 Spaces (4.3 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
- Fenced Lot
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 5276-10-014 | Improvements Assessment | £55,372 |
| Land Assessment | £94,362 | Total Assessment | £149,734 |
