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1501 W 124th Ave , #700

Denver, CO 80234
  • $795,000
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: 1013448
UPDATED: 66 min ago
$795,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2016
County:

School Ratings & Info

Description

This modern two-story office condo, built in 2016, is an exceptional investment opportunity for businesses seeking flexible, unique, and professional space. Classified as Class B Office Space, the property features multiple offices, a reception area, various workstations, a stairway, a large conference room, a kitchen, a bathroom, and a large glass grade-level overhead door. The impressive windows provide stunning views of the back range, with several offices boasting direct mountain views. Ample parking is available in the dedicated, shared office complex lot. The condo's floor plans are highly adaptable, allowing the expansion of open areas into more workstations to meet evolving business needs. This versatility makes it suitable for various professional uses, from open-plan offices to private workspaces. The large conference room and well-appointed offices provide ample space for meetings and collaborative work, ensuring a dynamic and productive environment. Located in the Urban Box building park, the property offers tenants direct access to a greenbelt for walking and biking, enhancing work-life balance. Conveniently positioned two miles from Interstate 25 and about a mile from the 120th Avenue retail corridor, it is easily accessible. Nearby national tenants include Circle K, Starbucks, Wells Fargo, and FedEx, adding to the location's appeal. Just nine miles north of Downtown Denver, the property benefits from its proximity to Colorado's bustling capital city, offering a plethora of shopping, dining, and outdoor recreation options. Situated in North Denver, a region with strong demographic trends, this office condo is part of a metro area experiencing significant growth. Denver's highly educated workforce, globally connected airport, and low-tax environment make it a hub for job creation, attracting numerous Fortune 500 companies. The property's prime location, flexible space, and high-quality construction make it a compelling investment.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-13T20:41:02.487.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1501 W 124th Ave , #700 Denver, CO 80234

  • Price: $795,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 66 min ago
  • MLS #: 1013448
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2016
Built
Neighborhood:
Urban Bx 2 Condo
County:
Adams
Area:
12 Denver Metro area
Property Description
This modern two-story office condo, built in 2016, is an exceptional investment opportunity for businesses seeking flexible, unique, and professional space. Classified as Class B Office Space, the property features multiple offices, a reception area, various workstations, a stairway, a large conference room, a kitchen, a bathroom, and a large glass grade-level overhead door. The impressive windows provide stunning views of the back range, with several offices boasting direct mountain views. Ample parking is available in the dedicated, shared office complex lot. The condo's floor plans are highly adaptable, allowing the expansion of open areas into more workstations to meet evolving business needs. This versatility makes it suitable for various professional uses, from open-plan offices to private workspaces. The large conference room and well-appointed offices provide ample space for meetings and collaborative work, ensuring a dynamic and productive environment. Located in the Urban Box building park, the property offers tenants direct access to a greenbelt for walking and biking, enhancing work-life balance. Conveniently positioned two miles from Interstate 25 and about a mile from the 120th Avenue retail corridor, it is easily accessible. Nearby national tenants include Circle K, Starbucks, Wells Fargo, and FedEx, adding to the location's appeal. Just nine miles north of Downtown Denver, the property benefits from its proximity to Colorado's bustling capital city, offering a plethora of shopping, dining, and outdoor recreation options. Situated in North Denver, a region with strong demographic trends, this office condo is part of a metro area experiencing significant growth. Denver's highly educated workforce, globally connected airport, and low-tax environment make it a hub for job creation, attracting numerous Fortune 500 companies. The property's prime location, flexible space, and high-quality construction make it a compelling investment.
Exterior Features

Construction Materials StoneStuccoWall: Metal/FrameWall: Stone Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksLevelAbuts Public Open SpaceWithin City Limits Parking Features Paved Parking Per Building Sq Ft 1:400 Road Frontage Type City Street Road Surface Type PavedAsphalt Roof RubberFlat Spa YN No View Mountain(s) Waterfront YN No

Interior Features

Accessibility Features Level LotLevel DriveAccessible Hallway(s)Low CarpetAccessible Entrance Basement None Building Area Total 1791 Building Features Loading: Drive-in overhead doors Cooling Refrigeration/HVACCeiling Fan(s) Cooling YN Yes Flooring ConcreteCarpet Heating Forced AirZoned Heating YN Yes Interior Features High Speed InternetCeiling: 10-12 Feet Living Area Source Assessor Window Features Double Pane Windows

Property Features

Association YN No Business Type Incorporated AreaOffice CondominiumClass "B" Cap Rate 2.77 Ditches Active YN No Electric Electric3-Phase ElectricElectricity at PropertyXcel Exclusions Seller personal property Gross Income 48000 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalExchange1031 Exchange Locale Denver Net Operating Income 21995.6 New Construction YN No Operating Expense 26004.4 Possible Use Commercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(s) Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 17851.4 Tenant Pays Deposit Utilities Electricity Available Water Source City WaterCity of Westminster Zoning Commercial

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Josh Jackson of LIV Sotheby's Intl Realty: 3034436161.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-13T20:41:02.487.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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