Denver, CO 80223,501 S Lipan ST
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Denver, CO 80223,501 S Lipan ST
Denver, CO 80223,501 S Lipan ST
Denver, CO 80223,501 S Lipan ST
Denver, CO 80223,501 S Lipan ST

$1,425,000

Est. payment /mo

$1,595,000

10.7%
Est.Price: ?

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501 S Lipan ST Denver, CO 80223

7,405 Sqft Lot

SOLD DATE : 04/19/2024

Key Details

Sold Price $1,425,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5428792

Sold Date 04/19/24

Style Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 1957

Annual Tax Amount $24,132

Tax Year 2022

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Introducing a unique single-user office building, strategically located just southwest of Downtown Denver, with easy access to I-25 at Alameda. With 5,374 square feet of well-maintained space on one floor (4,534 sq ft office + 840 sq ft storage), the building was custom renovated in 2016. It includes a mix of private offices and shared work areas. It is equipped with two spacious conference rooms, a professional reception area, and ample storage. The private courtyard accessible through a glass garage-style door provides a refreshing change of scenery: perfect for company gatherings, brainstorming sessions, or simply working outdoors. Park in the 13-space surface lot and adjacent on-street spots. New roof about 4 years ago. The building will be vacant upon sale. The local real estate market is currently balanced, with Athmar Park on the cusp of redevelopment. Apartments are under construction nearby, signaling a shift in the area's dynamics from light industrial use. Come by and check it out!

Location

State CO

County Denver

Zoning I-MX-3

Interior

Fireplace N

Exterior

Parking Features Asphalt

Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected

Total Parking Spaces 13

Garage No

Building

Lot Description Corner Lot, Landscaped

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by GOURMET REAL ESTATE INC • jason@gourmetrealestate.com,(720) 466-7100
Bought with LIV Sotheby's International Realty

Jim Cavoto

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+1(720) 692-6563

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