1501 W 124th Avenue # 700
Denver, CO, 80234 $ 795,000
Baths0.0 Sq 1,791 Monthly Estimate*
$ 4,761
Listed by LIV Sotheby's International Realty
Studio Commercial Property for sale in Denver, CO
for $795,000. This 1,791 square foot building was built in 2016.
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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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Phone Available Phone Connected Sewer Connected
Possession Closing/DOD
Roof Membrane Other
Zoning Commercial
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Fire Alarm
Construction Materials Stone Stucco
Exclusions Seller personal property
Year Built 2016
Electric Phase 3
Stories 2
Unit Number 700
Property SubType Office
Tax Year 2023
Current Use Commercial Office
Building Name Urban Box
County Adams
Operating Expense 26000
Property Type Commercial Sale
Attached Garage N
Building Features Common Area Boardroom Concierge/Staffed Front Desk
Status Active
City Denver
NumberOfUnitsTotal 1
Carport Spaces 0
Terms Cash Conventional
Tax Annual Amount 17851
Virtual Tour https://seehouseat.com/public/vtour/display?idx=1&tourId=2257418
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Owner
Cap Rate 2.77
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ExteriorParking Features Asphalt
Lot Features Cul-De-Sac Greenbelt Irrigated Landscaped
Water Source Public
Total Parking 0
Building Area Total 1791
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByLiv Sotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,761
- Monthly Property Taxes
- $1,488
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Westminster, CO
Average List Price $1,374,725
Percent of Sale Price 73%
About Westminster, CO 116,689 Population
15% Since 2002
$ 65,347 Median Income
36.96 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/3/2024 | $795,000 | | Listed Price |