Clermont Professional Building | 820 Clermont St
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Clermont Professional Building 820 Clermont St
12,649 SF 25% Leased Office Building Denver, CO 80220 £2,998,200 (£237/SF)
Investment Highlights
- Significant improvements to the property's infrastructure: new roof, new HVAC, moderized elevator systems, reinforced/resurfaced parking structure
- Off-street parking
- Surrounded by family-friendly neighborhoods such as Mayfair, Hilltop, Crestmoor, Congress Park, Lowry, and Park Hill
- Highly efficient LED lighting
- Walkable neighborhood with access to many dining options, sundries, parks, and entertainment
Executive Summary
820 Clermont St – Prime Office Building in Denver’s Thriving Medical District.
Overview:
820 Clermont St presents a unique opportunity to acquire a small office building located just one block from the Rose Hospital Medical Center, making it ideal for medical or professional office users. With 34% of the property currently leased, it's perfect for owner-occupiers looking to utilize part of the space while generating rental income from existing tenants.
Property Highlights:
- Location: One block from Rose Hospital Medical Campus, offering proximity to healthcare services and professionals.
- Tenant Profile: The third floor is home to a dental practice on a long-term lease, providing stable cash flow.
- Flexible Space: The second floor is a shell, ready for buildout, offering a blank canvas for customization.
- Additional Offices: The first floor includes three speculative office spaces, perfect for immediate occupancy or lease.
- Basement Potential: The basement is ideal for storage or could be renovated to create additional office space.
- Parking: Ample parking options with a subterranean garage and surface parking available.
Location & Development Potential:
820 Clermont St is positioned within the path of significant redevelopment, including the recently completed 9th and Colorado project and the ongoing redevelopment of the former VA hospital site on 9th Ave between Bellaire St and Clermont St. This property offers future upside potential as the area continues to grow and transform.
Ideal for:
- Medical office users
- Professional office users
- Investors looking for a mix of owner-occupancy and rental income
Don’t miss this opportunity to own a versatile office building in a rapidly developing area!
Overview:
820 Clermont St presents a unique opportunity to acquire a small office building located just one block from the Rose Hospital Medical Center, making it ideal for medical or professional office users. With 34% of the property currently leased, it's perfect for owner-occupiers looking to utilize part of the space while generating rental income from existing tenants.
Property Highlights:
- Location: One block from Rose Hospital Medical Campus, offering proximity to healthcare services and professionals.
- Tenant Profile: The third floor is home to a dental practice on a long-term lease, providing stable cash flow.
- Flexible Space: The second floor is a shell, ready for buildout, offering a blank canvas for customization.
- Additional Offices: The first floor includes three speculative office spaces, perfect for immediate occupancy or lease.
- Basement Potential: The basement is ideal for storage or could be renovated to create additional office space.
- Parking: Ample parking options with a subterranean garage and surface parking available.
Location & Development Potential:
820 Clermont St is positioned within the path of significant redevelopment, including the recently completed 9th and Colorado project and the ongoing redevelopment of the former VA hospital site on 9th Ave between Bellaire St and Clermont St. This property offers future upside potential as the area continues to grow and transform.
Ideal for:
- Medical office users
- Professional office users
- Investors looking for a mix of owner-occupancy and rental income
Don’t miss this opportunity to own a versatile office building in a rapidly developing area!
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,649 SF
Building Class
C
Year Built/Renovated
1971/2024
Price
£2,998,200
Price Per SF
£237
Percent Leased
25%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
3,162 SF
Slab to Slab
12 ft
Building FAR
1.16
Land Acres
0.25 AC
Zoning
G-MX-3 - G-MX-3 applies to areas or intersections served by local or collector streets where a builidng scale of 1-3 stories is desired.
Parking
34 Spaces (2.69 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Storage Space
- Natural Light
- Secure Storage
- Monument Signage
- Air Conditioning
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 6063-05-003 | Improvements Assessment | £656,874 |
| Land Assessment | £65,621 | Total Assessment | £722,495 |
PROPERTY TAXES
Parcel Number
6063-05-003
Land Assessment
£65,621
Improvements Assessment
£656,874
Total Assessment
£722,495
-
Eric Shaw -
Power Broker Jeff Caldwell -
Pinnacle Real Estate Advisors
(303) 962-9551
x123
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Clermont Professional Building | 820 Clermont St
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