820 CLERMONT ST DENVER CO 80220-3813
Value-Add Medical Office
Marketing description
- Opportunity to Acquire Fee Simple Ownership of Rare, Value‑Add Medical Office Suitable for Investors or Owner‑Users
- Recent Improvements Include a New Roof (Installed in 2023), Upgraded HVAC System, Elevator Renovations, Reinforced Parking Infrastructure, and A New Boiler/Chiller Installed in 2026
- Excellent, Walkable Location in Amenity‑Rich Hale Neighborhood, Just One Block from Rose Medical Center, Surrounded By Major Healthcare and Mixed-Use Redevelopment
- Positioned Within Premier Infill Medical Corridor with Sustained Demand and Strong Long‑Term Redevelopment Potential
- Flexible G‑MX‑3 Zoning Supports Medical, Office, and Commercial Uses
- Property Consists of A 14,560 SF Class B, Multi‑Tenant Medical Office on 0.25 Acres with 43 Parking Spaces [21 Covered/Underground, 22 Surface (12 Single/10 Tandem)]
- Newly completed spec suites available for immediate occupancy
Investment highlights
The Kramer Group of Marcus & Millichap is pleased to present the exclusive offering of
820 Clermont Street in Denver, Colorado. This 14,560 SF (+/‑ 13,046 SF RBA) medical office
building is strategically positioned in Denver’s highly sought‑after Hale neighborhood, just
one block south of the Rose Medical Campus and surrounded by major redevelopments.
As a result, the property delivers exceptional visibility, walkability, and strong long‑term
demand drivers.
This asset represents a compelling value‑add opportunity for investors or owner‑users,
supported by flexible G‑MX‑3 zoning, below‑market rents, and multiple paths to enhance
income or reconfigure the building. Recent capital improvements further reduce near‑term
capital exposure and enhance operational stability, including a new roof with increased
R‑value insulation and improved drainage, a recently installed single‑stage jack hydraulic
elevator system, maintenance and sealing of the elevated parking deck with Elastrome
surface material, brand‑new hot water heaters, recent chiller and boiler upgrades with
smart controls, a new sewer connection to the City main, and newly completed spec suites
available for immediate occupancy.
With strong fundamentals, a prime infill location, and future redevelopment potential, 820
Clermont offers a rare combination of stability, flexibility, and upside within one of Denver’s
premier medical corridors.
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