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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,100,000

Est. payment - /mo

3,551 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,551 sqft

Price per Sqft $309

MLS Listing ID 5467507

Style A-Frame

HOA Y/N No

Year Built 1946

Annual Tax Amount $17,333

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Office

Source recolorado

Property Description

Located at the signalized intersection of West 38th Avenue and Federal Boulevard, 3025 W 38th Ave offers prime frontage in one of Denver's most dynamic and evolving commercial corridors. Sitting at the convergence of the Berkeley and Highlands neighborhoods, this property benefits from exceptional daily traffic counts, walkability, and direct access to both affluent residential communities and a dense mix of local businesses. The surrounding area continues to see investment in infrastructure and commercial infill, supporting long-term appreciation and tenant demand.

The property is currently occupied by a single, stable medical tenant—Serenity Dental Arts—under a long-term triple-net (NNN) lease with approximately four and a half years remaining and built-in annual rent escalations through 2030 with 2 five year options to renew. This lease structure provides predictable cash flow with minimal landlord responsibilities, making it ideal for passive investors. The tenant has an excellent reputation and operates profitably in a space optimized for dental or other medical office use, further enhancing the stickiness of occupancy.

Zoned U-MS-3, the property allows for up to three stories of development, giving investors the option to expand or redevelop in the future. With a lot size of over 5,600 square feet and six dedicated parking spaces, the site is well-positioned for vertical expansion or mixed-use repositioning. In a market where redevelopment sites with income in place are increasingly scarce, this property offers both immediate yield and long-term upside.

Location

State CO

County Denver

Zoning U-MS-3

Interior

Fireplace N

Exterior

Parking Features Concrete

Utilities Available Electricity Connected, Phone Connected, Sewer Connected

Roof Type Composition

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Real Broker, LLC DBA Real

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I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

3025 W 38 AVE Denver, CO 80211