300-306 Elati St - Office FOR SALE


Denver, CO 80223- Baker
$1,600,000 USD
720-939-2943
300-306 Elati St, Denver, CO for Sale
$1,600,000 USD
Office - FOR SALE
1/32
null | 6.51% Cap Rate

300-306 Elati St
Denver, CO 80223
Baker


HIGHLIGHTS

  • Century-old historic building offers authentic character and streetscape presence that cannot be replicated through new construction.
  • Fully leased at the time of offering, with two distinct, non-competing commercial uses.
  • Tenant roster anchored by a Live Nation-affiliated operator, adding brand strength and visibility to the asset.
  • Infill Denver location with long-term redevelopment and value-add optionality, subject to applicable historic and zoning considerations.
  • Positioned in a supply-constrained, amenity-rich submarket experiencing continued reinvestment.104

OVERVIEW

300–306 Elati St. is a historic, character-rich commercial building situated in Denver’s vibrant Baker neighborhood. Built over a century ago, the property blends original architectural detail with a fully leased, diversified tenant roster, offering an investor or owner user a rare combination of irreplaceable urban infill real estate and stable in-place income. The entire property was taken to the studs by previous owner in 2005, with all systems updated and interior renovated. Located just south of the Denver Health Medical Campus and minutes from Downtown Denver, the Property sits within one of the city’s most walkable and rapidly evolving submarkets. The building spans approximately 5,939 square feet across two stories and is fully occupied by two complementary commercial tenants, each drawing a distinct daytime and evening customer base to the immediate corridor.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3rd Avenue Market

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

U-MX-2

APN/PARCEL ID

5102-21-028

ASK ABOUT THIS PROPERTY

Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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Joe HornsteinNorthPeak Commercial AdvisorsMore Info
720-939-2943

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