$1,150,000
$145K PRICE DROP

Estimated payment $8,945/month

Total Views 3,920
-- Bed
-- Bath
1,940 Sq Ft
$593 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 fullyfurnished 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 astwo distinct spaces (units 1A and 1B) combined into one.

Listing Agent

Andrew Monette

Pinnacle Real Estate Advisors Brokerage Email: jgraham@pinnaclerea.com License #100068216 Listed on: 09/19/2024

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Purchase 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

Similar Homes in Denver, CO

  • 4200 W 17th Ave Unit 235, Denver, CO 80204

    $1,145,000

    • 2 Beds
    • 2 Baths
    • 1,738 Sq Ft
    • 4200 W 17th Ave
    • Unit 235
    • Denver, CO

    Why wait for the elevator when the best of Lakehouse living is just outside your door? Unit 235 sits on the desirable Amenity Level, offering quick access to the pool, hot tub, fitness lab, yoga studio, and more. This quiet corner unit also offers rare flexibility with a layout ideal for remote work, hosting guests, or even as a second home or long-term rental. Whether you're a lifestyle buyer or

    Nathan Strauch Blue Pebble Homes

    Section Image
  • 2400 E Cherry Creek Dr S Unit 307, Denver, CO 80209

    $1,350,000

    • 2 Beds
    • 2 Baths
    • 1,746 Sq Ft
    • 2400 E Cherry Creek Dr S
    • Unit 307
    • Denver, CO

    Welcome to One Polo Creek, where homes are rarely available—and for good reason. This pristine two-bedroom, two-bathroom residence offers peaceful, private views of the interior courtyard, unlike units facing the busy road. With 24/7 concierge service and the feel of a luxury hotel, this impeccably maintained and professionally managed building is one of Denver’s most sought-after communities.

    Sarah Nolan Compass - Denver

    Section Image
  • 1499 Blake St Unit 6K, Denver, CO 80202

    $1,290,000

    • 2 Beds
    • 2 Baths
    • 1,887 Sq Ft
    • 1499 Blake St
    • Unit 6K
    • Denver, CO

    Experience unparalleled luxury in this exquisite 2-bedroom, 2-bathroom condo at 1499 Blake St, Unit 6K, nestled in the heart of Denver's vibrant LoDo district. Spanning 1,887 square feet, this residence boasts one of the city's most expansive private terraces—an impressive 765 square feet offering sweeping 180-degree views of the Denver skyline and the majestic Rocky Mountains, from Pikes Peak to

    Trelora Realty Team Trelora Realty, Inc.

    Section Image
  • 1501 Wazee St Unit 4B, Denver, CO 80202

    $1,100,000

    • 2 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • 1501 Wazee St
    • Unit 4B
    • Denver, CO

    Home is recently remodeled for city oasis & entertainment hub. This top floor 2 BR / 2 BA loft is located in Lodo’s historic Hardware Block Lofts! The home was completely remodeled (2020) to provide modern amenities, while simultaneously protecting the original character of the building. Upon entry, one is greeted by the hardwood floors, exposed brick, 12 ft high ceilings, timber beams, large

    Korey Wacker NAV Real Estate

    Section Image
  • 1411 Wynkoop St Unit 804, Denver, CO 80202

    $1,185,000

    • 2 Beds
    • 2 Baths
    • 1,861 Sq Ft
    • 1411 Wynkoop St
    • Unit 804
    • Denver, CO

    Tucked away on one of downtown Denver’s only cul-de-sacs, Unit 804 at 1411 Wynkoop offers a rare blend of tranquility and metropolitan energy. Set beside the iconic Trestle Bridge and perched on the 8th floor, this residence captures the essence of elevated city living—seamlessly connected, yet quietly removed.Spanning nearly 1,800 square feet, the 2-bedroom, 2-bath layout is thoughtfully

    Nick Bruce Coldwell Banker Global Luxury Denver

    Section Image
  • 1401 Wewatta St Unit 806, Denver, CO 80202

    $1,550,000

    • 2 Beds
    • 2.5 Baths
    • 2,165 Sq Ft
    • 1401 Wewatta St
    • Unit 806
    • Denver, CO

    Experience the pinnacle of Denver living in this unique 1-of-6 custom floor plan at Waterside Lofts—a true original, thoughtfully designed by the original/current owners. Imagine yourself starting your day with a coffee or ending it with a beverage on the wraparound patio with panoramic views of the mountains, city skyline and Ball Arena, with a front-row seat to the future Ball Arena

    Greg Opgenorth Real Broker, LLC DBA Real

    Section Image
  • 1401 Wewatta St Unit 101 and 102 (adjoi, Denver, CO 80202

    $1,010,000

    • 2 Beds
    • 2 Baths
    • 1,849 Sq Ft
    • 1401 Wewatta St
    • Unit 101 and 102 (adjoi
    • Denver, CO

    Unique opportunity to own adjoining true LIVE/WORK spaces with exposure/frontage on Wewatta! One of the best locations inDenver (across from Ball Arena and within 2 blocks of Union Station) and one of the ONLY live/work spaces in LoDo! **Individual units also available separately at a higher $$ (MLS# 4052998 and 8793903).** Modern industrial style condos w/ 10' ceilings and open concept! You

    Aaron Tajchman Real Estate Revolution

    Section Image
  • 1133 14th St Unit 2110, Denver, CO 80202

    $1,050,000

    • 1 Bed
    • 1.5 Baths
    • 964 Sq Ft
    • 1133 14th St
    • Unit 2110
    • Denver, CO

    Four Seasons Residences #2110 is the very definition of the perfect pied-a-terre located in Denver's most prestigious building. At just under 1000 square feet, this gorgeous home offers a large, gourmet kitchen, with built-in desk. Gleaming walnut floors stretch throughout the living room, dining room and kitchen, and the custom fireplace in the living room adds warmth and a sense of calm after a

    Stan Kniss Fantastic Frank Colorado

    Section Image
  • 1133 14th St Unit 2010, Denver, CO 80202

    $1,250,000

    • 1 Bed
    • 1.5 Baths
    • 964 Sq Ft
    • 1133 14th St
    • Unit 2010
    • Denver, CO

    It is a rare opportunity to own a one bedroom at the Four Seasons Private Residence. It is even more rare to find one that has been completely remodeled. Previously owned and renovated by one of Denver and Aspen’s top architecture and design firms, Rowland + Broughton, this home was designed with a stylish simplicity at its core. Timeless finishes, including marble countertops and wide plank

    Stan Kniss Fantastic Frank Colorado

    Section Image

Source: REcolorado®

MLS Number: 4927333

REcolorado®

APN: 2331-19-210