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Penn Square Condominiums

Penn Square Condominiums

Penn Square Condominiums
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

550 E 12th Ave
Denver, CO 80203
162 Units
18 Stories
1967 Year Built
$275K - $857K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Concierge
  • Morey Middle School Rated A-
  • Fitness Center
  • 24-Hour Security
  • Rooftop Deck
  • Outdoor Pool

Iconic High-Rise Living in Capitol Hill

Penn Square Condominiums, an 18-story high-rise completed in 1967, stands as a prominent fixture in Denver's vibrant Capitol Hill neighborhood. With 162 units, this building offers a range of living spaces that cater to diverse lifestyles. Designed with a simple rectangular form, the facade features a pattern of alternating balconies and windows, providing residents with expansive views of the cityscape and the Rocky Mountains. The entrance, marked by a cantilevered canopy, welcomes residents and visitors alike into a community that blends urban convenience with a touch of mid-century charm.

Diverse Layouts with Stunning Views

Penn Square Condominiums offers a variety of floor plans, from cozy studios to spacious three-bedroom units. Studio units, approximately 500 square feet, feature one bathroom and provide an efficient living space ideal for singles or those seeking a minimalist lifestyle. One-bedroom units range from 797 to 2,247 square feet, with prices starting at $327,500 and going up to $399,999. These units often include features such as floor-to-ceiling windows, private balconies, and modern kitchens with stainless steel appliances and quartz countertops. Two-bedroom units, spanning 874 to 2,247 square feet, are priced between $499,000 and $525,000. These residences offer ample space for families or those needing extra room for a home office. Many two-bedroom units boast luxurious primary suites with walk-in closets, en-suite bathrooms featuring dual vanities, and spacious living areas perfect for entertaining. Some units even include unique features like in-unit saunas and custom-designed kitchens. The largest units, three-bedroom layouts, range from 1,373 to 2,260 square feet and are priced around $800,000. These expansive homes provide multiple bathrooms, large living and dining areas, and breathtaking views from private balconies. High-end finishes such as hardwood floors, elegant fixtures, and modern appliances are common throughout these units. Monthly HOA fees range from $400 to $1,100, covering essential services like gas, heat, insurance, maintenance, security, sewer, snow removal, trash, and water.

Comprehensive Amenities for Modern Living

Penn Square Condominiums offers an array of amenities designed to enhance the living experience of its residents. The rooftop clubhouse provides breathtaking views of downtown Denver, while the rooftop garden offers a serene space for relaxation. For those with visitors, a guest suite is available to rent, ensuring comfort and convenience for guests. Residents can also rent garden boxes for personal use. The building features several lounging areas on the rooftop, complete with a water feature and a gazebo, perfect for social gatherings or quiet reflection. Fitness enthusiasts will appreciate the well-equipped fitness center, and the outdoor pool provides a refreshing escape during the warmer months. The party room and clubhouse are ideal for hosting events, and the secure underground garage offers peace of mind with dedicated parking and visitor parking spots. Security is a priority at Penn Square, with a 24-hour doorman, concierge desk, and on-site management ensuring a safe and well-maintained environment. Additional amenities include a garden with a grilling area, laundry and trash chutes on each floor, and a storage locker for each unit. The rooftop lounge, complete with a bar and 360-degree views, is a highlight for residents looking to unwind and enjoy the cityscape.

Vibrant Capitol Hill Neighborhood

Located in the heart of Denver, the Capitol Hill neighborhood is known for its rich history, cultural landmarks, and eclectic vibe. Residents of Penn Square Condominiums enjoy easy access to a variety of points of interest, including the Denver Art Museum, Cheesman Park, and the Denver Botanical Gardens. The neighborhood is also home to Civic Center Park, a meticulously landscaped green space that hosts frequent events and food trucks during the spring and summer months. Capitol Hill offers a diverse shopping and dining scene, particularly along Colfax Avenue, which is known for its unique character and vibrant energy. Popular dining spots include City O’ City, a vegetarian restaurant, and Jelly Café, a favorite for brunch. The nightlife scene comes alive with venues like Bar Nun Denver and The Black Box, a dance club open on weekends. For everyday needs, residents can shop at nearby grocery stores such as Trader Joe’s, Natural Grocers, and Whole Foods Market. Smaller neighborhood stores like Capitol Market provide convenient options for basic groceries and household items. The area is also home to several parks, including Governors Park and Quality Hill Park, offering plenty of outdoor recreation and greenery.

Accessible and Convenient Transportation Options

Penn Square Condominiums is well-served by a variety of transportation options, making it easy for residents to navigate the city. The building is located near several bus stops, including 12th Ave & Pennsylvania St, Grant St & 12th Ave, and Lincoln St & 11th Ave, providing access to transit lines such as East 12th Avenue, East 6th Avenue, and South Broadway. For those who prefer rail transit, the 16th-California and 20th-Welton stations are within walking distance, offering connections to the D, F, and H lines operated by TheRide. The neighborhood's walkability is a significant advantage, with wide sidewalks and pedestrian-friendly streets allowing residents to easily reach the Central Business District and other nearby destinations. Biking is also a popular mode of transportation, with numerous bike trails and a high bike score reflecting the area's cyclist-friendly infrastructure. For longer trips, Denver International Airport is approximately 25 miles away, accessible by car in about 35 minutes. The light rail's A Line provides a direct route to the airport from the city center, and the SkyRide Bus offers additional transit options with luggage accommodations. With a combination of walkability, public transit, and convenient access to major roads and highways, Penn Square Condominiums offers a well-connected urban living experience.

Available Condos

No units matching this criteria are available right now.

Building Details

Views

  • City
  • Mountain

Recreation

  • Fitness Center
  • Outdoor Pool
  • Community Pool

Outdoor Features

  • Community Garden
  • Community Barbecue Grill

Amenities

  • Concierge
  • Rooftop Deck
  • Clubhouse
  • Business Center
  • Recreation Room
  • Guest Suites
  • Coin Laundry
  • Package Room
  • Bike Room
  • Community Storage Space
  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Card or Code Access

Parking

  • 2 Car Attached Garage
  • 1 - 2 Garage Spaces Per Unit
  • Subterranean Parking
  • Lighted Parking
  • Secured Garage or Parking
  • Community Parking

Pet Policy

  • Pets Allowed

Condo Association

  • $677 Monthly HOA Fees
  • Monthly HOA Fees Range from $497 - $677
  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, security, sewer, snow removal, trash, water
  • Penn Square Condo Association, Phone Number (303) 221-1117
  • Penn Square Community
  • Capitol Hill Subdivision

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry Room
  • Balcony

Unit Information

Unit
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,373
Price
$560,000
Price / Sq Ft
$408 / Sq Ft
List Date
03/07/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
522
Est. Values
$275,433
1 Bedroom Units
Sq Ft Range
760 - 874
Est. Values
$325,023 - $830,681
2 Bedroom Units
Sq Ft Range
874 - 2,247
Est. Values
$376,584 - $817,455
3 Bedroom Units
Sq Ft Range
1,373 - 2,260
Est. Values
$374,099 - $857,441
All Units
Sq Ft Range
522 - 2,260
Est. Values
$275,433 - $857,441

Map

Area Factors

High Crime

Crime Score®

7 / 10

Biker's Paradise

Bike Score®

99 / 100

Walker's Paradise

Walk Score®

93 / 100

Good Transit

Transit Score®

69 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

71 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$15K - $54K
Range of Taxes in Building
$1,004 - $4,255
Range of Taxes per Sq Ft
$0.71 - $4.84

Property Tax History

Source: Public Records

Building Website

Building Team

Property Management
Lcm Property Management Inc
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.