EXHIBIT 10.8



                             SUBSCRIPTION AGREEMENT


AmeriVest Properties Inc.
1800 Glenarm Place, Suite 500
Denver, CO 80202

Gentlemen and Ladies:

     The undersigned desires to invest in AmeriVest Properties Inc. (the
"Company") on the terms and conditions described in this subscription agreement
(the "Subscription Agreement") and the Company's Prospectus dated March __,
2000. The undersigned acknowledges that the undersigned has received, read and
understands the Prospectus.

1. Subscription

     The undersigned hereby offers to purchase $_________ of Units offered by
the Company pursuant to the Prospectus. A check in that amount payable to "U.S.
Bank, Escrow Agent for AmeriVest Properties Inc." is enclosed.

2. Miscellaneous

     (a) This subscription shall be irrevocable, and may not be assigned by the
undersigned. Subject to the foregoing, this Subscription Agreement shall be
binding upon and inure to the benefit of the heirs, executors, administrators,
legal representatives, successors and assigns of the undersigned.

     (b) This Subscription Agreement will be construed and enforced in
accordance with and governed by the laws of the State of Colorado, except for
matters arising under the Act, without reference to principles of conflicts of
law.

     With such full understandings and acknowledgements, the undersigned does
hereby affirm the undersigned's subscription to the purchase of the Units being
offered by the Company as described in the Prospectus and this Subscription
Agreement. The undersigned does further acknowledge the undersigned's
understandings of all the terms and provisions of this Subscription Agreement
and agrees to be bound by all of the terms and conditions of this Subscription
Agreement.





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Please complete the following:

Date:
       --------------------------------

Exact Name in Which Title is to be Held

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Signature                                     Signature of Co-Owner

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Print Name                                    Print Name of Co-Owner

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Social Security Number                        Social Security Number
or Taxpayer I.D. Number                       or Taxpayer I.D. Number

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Address

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City, State, Postal or Zip Code, Country


     * If the Common Stock is to be held in joint tenancy or as tenants in
common, both persons must sign above and please indicate the manner in which the
Common Stock is to be held:

           _____    Tenants in Common         _____    Joint Tenants


     This subscription is accepted by AmeriVest Properties Inc. on this _____
day of __________, 2000.


                                           AMERIVEST PROPERTIES INC.


                                            By:
                                                --------------------------------
                                                Signature


                                                --------------------------------
                                                Printed Name and Title


                                    * * * * *

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