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23895349
23895356

1129 Pennsylvania St, Denver, CO 80203

JW
CO 100066912
CBRE - Denver Downtown
CR
CO 100090094
CBRE - Denver Downtown
Listed by CBRE - Denver Downtown
$1,295,000
359 days on market
Updated 42 days ago

The Butters House

Details
APN 05031-19-017-000
Property Type Office
Sub Type Traditional Office
Square Footage 7,326
Units 5
Occupancy 62%
Price per SqFt $177
Broker Co-Op Yes
Class B
Year Built 1890
Year Renovated 1981
Buildings 2
Stories 3
Acreage 0.220
Zoning G-MU-5
Parking Spaces 16 spaces
Parking Per SqFt 2.18
Investment Type Owner/User
Occupancy Date 06/12/2025

Historic Capitol Hill Office Property with Parking, Income, and G‑MU‑5 Zoning in Denver, CO

Marketing description

1129 Pennsylvania Street offers a rare opportunity to acquire a beautifully restored 1890 Queen Anne Victorian in the heart of Capitol Hill’s historic Pennsylvania Street District. The Butters House is a designated Denver landmark, blending preserved architectural character with modern updates and functional office layouts.

The property includes a renovated two‑level carriage house and multiple office suites within the main residence, creating flexible configurations for both investors and owner‑users. Two long‑term tenants provide stable in‑place income, while the lower‑level suite—formerly owner‑occupied—is vacant and ready for immediate use or lease‑up.

A standout feature in this dense urban neighborhood, the property offers 15 surface parking spaces and one garage space, significantly enhancing its usability and long‑term value. Zoned G‑MU‑5, the asset provides additional flexibility, including continued office use or potential future residential conversion.

This is a compelling chance to secure an income‑producing, architecturally significant asset in one of Denver’s most walkable and amenity‑rich neighborhoods.

Investment highlights

  • Constructed in 1890 and fully restored; designated on the National Historic Register

  • Premier Capitol Hill location steps from restaurants, the State Capitol and the Denver Art Museum

  • Architectural character meticulously preserved through Preservation Partnership renovation

  • Exceptional parking: 15 surface spaces + 1 garage space — rare for Capitol Hill

  • Renovated two‑level carriage house converted to professional office use

  • Modern building updates including new HVAC, recent paint, and overall move‑in‑ready condition

  • Flexible main house layout with multiple offices, meeting rooms, kitchen, and open workspace across four levels

  • Carriage house features 8 treatment rooms and is fully leased, providing in‑place income

Listing Contacts

JW
CO 100066912
CBRE - Denver Downtown
CR
CO 100090094
CBRE - Denver Downtown
Listed by CBRE - Denver Downtown

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