100 S Madison St - Loft/Creative Space FOR SALE


Denver, CO 80209- Cherry Creek
$6,000,000 USD
303-489-6800
100 S Madison St, Denver, CO for Sale
$6,000,000 USD
Loft/Creative Space - FOR SALE
1/7
null | 2.64% Cap Rate

100 S Madison St
Denver, CO 80209
Cherry Creek


HIGHLIGHTS

  • Cherry Creek North and East neighborhoods and across from Gates Tennis Center (public)
  • Modern distinctive architecture by Richard Crowther
  • Great parking on site and street. Rents way below Cherry Creek North rents

OVERVIEW

Excellent investment/redevelopment "covered land play". Collect income while you hold the property for future redevelopment. Or, this could be a user/owner opportunity for the right buyer; many of the leases are short term and as much as 5,000 SF could be made available for a user buyer. This is one of only 4 corners in the heart of Cherry Creek East with this C-MX-3 zoning allowing both commercial and residential uses. Since 2001 the owner has owned and managed this property with great care including regular maintenance and a new roof in 2019 and one new HVAC rooftop unit.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$529 USD /SF

CAP RATE

2.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Madison Exchange

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-MX-3, Denver

APN/PARCEL ID

5125-21-001

ASK ABOUT THIS PROPERTY

Trevor BrownCushman & WakefieldMore Info
303-489-6800

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Trevor BrownCushman & WakefieldMore Info
303-489-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.