$1,295,000

Estimated payment $9,821/month

Total Views 3,524
-- Bed
-- Bath
1,940 Sq Ft
$668 Price per Sq Ft

Highlights

  • Concierge
  • 0.79 Acre Lot
  • Elevator
  • 24-Hour Security
  • Community Garden
  • 3-minute walk to Downtown Children's Playground

About This Home

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 24x7 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.

Listing Agent

Andrew Monette

Pinnacle Real Estate Advisors Brokerage Email: jgraham@pinnaclerea.com License #100068216

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,415

Year Built

  • Built in 1997 | Remodeled

HOA Fees

  • $1,225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Dishwasher
  • Disposal

Parking

  • Subterranean Parking
  • Lighted Parking
  • Exterior Access Door
  • Secured Garage or Parking
  • Paved Parking

Schools

  • Greenlee Elementary School
  • Kepner Middle School
  • West High School

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Ground Level

Listing and Financial Details

  • Exclusions: Seller's Personal Property.
  • Property held in a trust
  • Assessor Parcel Number 2331-19-210

Community Details

Overview

  • Association fees include reserves, electricity, heat, insurance, maintenance structure, recycling, security, sewer, snow removal
  • Palace Lofts Association, Phone Number (303) 875-3760
  • Mid-Rise Condominium
  • Palace Lofts Community
  • Lodo Subdivision

Amenities

  • Concierge
  • Community Garden
  • Elevator
  • Bike Room

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,415

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$1,225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: Palace Lofts
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1940
  • Current Use: Live/Work
  • Entry Location: Ground
  • Exclusions: Seller's Personal Property.
  • Living Area: 1940
  • Property Condition: Updated/Remodeled
  • SubdivisionName: LoDo
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Attribution Contact: jgraham@pinnaclerea.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Common Walls: 2+ Common Walls
  • Basement: No

Exterior Features

  • Roof: Concrete
  • Construction Materials: Brick, Concrete, Frame
  • Exterior Features: Lighting
  • Road Frontage Type: Public
  • Road Surface Type: Alley Paved, Paved

Garage/Parking

  • Parking Features: Concrete, Exterior Access Door, Lighted, Underground
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Hot Water
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Security: 24 Hour Security, Secured Garage/Parking, Security Entrance, Security Guard, Security Service, Security System, Smart Cameras

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Electricity, Heat, Insurance, Maintenance Structure, Recycling, Security, Sewer, Snow Removal
  • Association Name: Palace Lofts Association
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Storage, Concierge, Elevator(s), Front Desk, Garden Area
  • Association Fee: 1225
  • Phone: 3038753760
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 14700.00
  • REC_AssociationFeeTotalAnnual: 14700.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Kepner

Lot Info

  • Parcel Number: 2331-19-210
  • Lot Size Acres: 0.79
  • Fencing: None
  • Building Area Total: 1940
  • Lot Size Sq Ft: 34412.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16415

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,980 $100,750 $7,760 $92,990
2023 $8,536 $100,750 $7,760 $92,990
2022 $8,536 $114,400 $16,760 $97,640
2021 $8,536 $114,400 $16,760 $97,640
2020 $9,679 $130,450 $15,460 $114,990
2019 $9,408 $130,450 $15,460 $114,990
2018 $7,278 $94,070 $10,320 $83,750
2017 $7,256 $94,070 $10,320 $83,750
2016 $6,686 $81,990 $8,758 $73,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 For Sale $1,295,000 -- $668 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 Security Title
Warranty Deed $575,000 --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $271,600 First American Heritage Titl
Warranty Deed $182,823 First American Heritage Titl
Warranty Deed $365,645 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 Commercial
Previous Owner $420,000 Commercial
Source: Public Records

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Source: REcolorado®

MLS Number: 4927333

REcolorado®

APN: 2331-19-210