Property Map
Street View
Courtesy of Pinnacle Real Estate Advisors {attribution_contact}
Description
If you are a small business seeking to impress clients, this one-of-a-kind modern office space designed by renowned architect Michael Koch is perfect. This move-in-ready space features high-end tempered glass design elements throughout and it is fully furnished with modern Herman Miller Aeron and Knoll Reff accessories, furnishings, and workspaces. Street access and prominent signage visible from the intersection of 15th and Blake Streets in lower downtown Denver offer an extraordinary marketing presence for your business. The office is fronted by and immediately adjacent to the 16th Street Pedestrian Mall which features wide walkways, trees, benches, and flowerpots, and creates a serene and enticing environment for your employees and customers entering the office. The three large offices and three open workspaces are perfect for a small business, or a larger firm with remote workers but a need for a client-welcoming physical location. If you are a technology company seeking space for your servers and related equipment, look no further. This room was built with additional security mesh in the walls and its own dedicated ventilation and air conditioning system for independent cooling. A fourth large office can be added by converting the current data center space. The space is heated and cooled by three energy efficient York heat pumps, all of which are brand-new as of late 2022. The unit is wired for tech with abundant Cat6 cabling throughout. The unit features two side-by-side parking spaces and two side-by-side storage spaces in the attached covered garage. While there is a dedicated, street-facing entrance for the unit, the building’s main lobby, located right next door is also an option for receiving clients. It is manned 24×7 by a security officer who also handles package receiving and notification. The unit is zoned for live/work, and it is technically parceled as two distinct spaces (units 1A and 1B) combined into one.
Property Details and Features
Property Access
- Road Frontage Type: “Public”
- Road Responsibility: “Public Maintained Road”
- Road Surface Type: “Alley Paved”, “Paved”
Appliances & Equipment
- “Dishwasher”, “Disposal”, “Refrigerator”
Basement
- Bathrooms: 0
- Bedrooms: 0
Building
- Above Grade Finished Area: 1940
- Architectural Style: “Loft”
- Building Name: Palace Lofts
- Common Walls: “2+ Common Walls”
- Construction Materials: “Brick”, “Concrete”, “Frame”
- Entry Location: Ground
- Levels: “One”
- Living Area: 1940
- Occupant Type: Vacant
- Room Count: 0
- Structure Type: “Mid Rise (4-7)”
- Total Area: 1940
- Built in 1997
Cooling
- Cooling: “Central Air”
Disclosures
- Attribution Contact: jgraham@pinnaclerea.com
- Exclusions: Seller’s Personal Property.
- Restrictions Covenants
- Restrictions Covenants: Other
Exterior Features
- Features: “Lighting”
Fence
- Fencing: “None”
Heating
- Heating: “Heat Pump”, “Hot Water”
Home Owner’s Association
- Home Owners Association
- Association Name: Palace Lofts Association
- Association Fee: $1,225
- Association Fee Total Annual: $14,700
- Association Fee Annual: 14700.00
- Association Fee Frequency: Monthly
- Association Management Type: Professionally Managed
- Association Fee Includes: “Reserves”, “Electricity”, “Heat”, “Insurance”, “Maintenance Structure”, “Recycling”, “Security”, “Sewer”, “Snow Removal”
- Association Amenities: “Bike Storage”, “Concierge”, “Elevator(s)”, “Front Desk”, “Garden Area”
- Association Fee 2 Annual Expense: 0.00
- Association Fee 3 Annual Expense: 0.00
Listing
- Listing Id: REC4927333
- Standard Status: Active
- Mls Status: Active
- Listing Contract Date: 2024-09-19
- Listing Terms: “1031 Exchange”, “Cash”, “Conventional”, “FHA”, “Other”
- Original List Price: $1,295,000
- Rentals Allowed: Long Term,Short Term Lease
- Special Listing Conditions: “None”
Location
- County Or Parish: Denver
- Subdivision Name: LoDo
Lot
- Acres: 0.79
- Area: 0.79
- Parcel Number: 2331-19-210
- Square Feet: 34412.4
Energy Saving
- Green Verification Count: 0
Owner Pays
- Ownership: Corporation/Trust
Parking
- Parking Total: 4
- Carport Spaces: 0
- Offstreet Spaces: 2
- Reserved Spaces: 2
- RV Spaces: 0
- Parking Count: 2
- Features: “Concrete”, “Exterior Access Door”, “Lighted”, “Underground”
Property
- Current Use: “Live/Work”
- Property Condition: “Updated/Remodeled”
- Property Sub Type: Condominium
- Zoning: D-LD
Roof
- Roof: “Concrete”
Schools
- School Of Choice
- Elementary School: Greenlee
- Elementary School District: Denver 1
- Middle Or Junior School: Kepner
- Middle Or Junior School District: Denver 1
- High School: West
- High School District: Denver 1
Security Features
- Features: “24 Hour Security”, “Secured Garage/Parking”, “Security Entrance”, “Security Guard”, “Security Service”, “Security System”, “Smart Cameras”
Sewer
- Sewer: “Public Sewer”
Taxes
- Annual Amount: 16415
- Legal Description: PALACE LOFTS U-1A PRK-B2-12,B2-13 STR-S1-44,S1-45
- Special Taxing District
- Tax Year: 2023
Utilities
- Electric: “110V”, “220 Volts”
- Power Production Count: 0
- Utilities: “Cable Available”, “Electricity Available”, “Electricity Connected”, “Internet Access (Wired)”, “Natural Gas Connected”, “Phone Available”, “Phone Connected”
- Water Source: “Public”