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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000932384-03-000340.txt : 20031120
<SEC-HEADER>0000932384-03-000340.hdr.sgml : 20031120
<ACCEPTANCE-DATETIME>20031120172022
ACCESSION NUMBER:		0000932384-03-000340
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031118
FILED AS OF DATE:		20031120

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERIVEST PROPERTIES INC
		CENTRAL INDEX KEY:			0000927102
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				841240264
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1780 S BELLAIRE ST
		STREET 2:		SUITE 515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80222
		BUSINESS PHONE:		3032971800

	MAIL ADDRESS:	
		STREET 1:		1780 S. BELLAIRE ST.
		STREET 2:		SUITE 515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80222

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ALEXANDER S HEWITT
		CENTRAL INDEX KEY:			0001093680

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14462
		FILM NUMBER:		031016128

	BUSINESS ADDRESS:	
		STREET 1:		C/O THE SHERIDAN GROUP
		STREET 2:		1780 S. BELLAIRE STEET, SUITE 515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80222
		BUSINESS PHONE:		303-297-1800

	MAIL ADDRESS:	
		STREET 1:		C/O THE SHERIDAN GROUP
		STREET 2:		1780 S. BELLAIRE STEET, SUITE 515
		CITY:			DENVER
		STATE:			CO
		ZIP:			80222

	FORMER NAME:	
		FORMER CONFORMED NAME:	HEWITT ALEXANDER S
		DATE OF NAME CHANGE:	19990823
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>zhewitt534506_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-11-18</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000927102</issuerCik>
        <issuerName>AMERIVEST PROPERTIES INC</issuerName>
        <issuerTradingSymbol>AMV</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001093680</rptOwnerCik>
            <rptOwnerName>ALEXANDER S HEWITT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1780 SOUTH BELLAIRE STREET, SUITE 100</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DENVER</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80222</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Vice President, Secretary</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-11-18</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>J</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F1"/>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>888028</value>
            <footnoteId id="F2"/>
         </transactionShares>
         <transactionPricePerShare>
           <value>7</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
            <footnoteId id="F1"/>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>519308</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>See Footnote 3</value>
            <footnoteId id="F3"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
   <footnotes>
      <footnote id="F1"> Disposition occurred as a result of (i) dissolution of Sheridan Investments, LLC and the distribution of securities of issuer held by such limited liability company, with respect to which the filing person may have been deemed to have had beneficial ownership and (ii) merger of Sheridan Development, LLC with and into Sheridan Realty Advisors, LLC, with respect to each of which the filing person may have been deemed to have had beneficial ownership, and the withdrawal of certain members in connection with the merger.</footnote>

      <footnote id="F2"> In addition, 257,862 of the shares distributed during the dissolution are now held directly by the filing person, for an aggregate amount of 587,649 directly held shares.</footnote>

      <footnote id="F3"> 276,654 shares are held by Sheridan Realty Advisors, LLC; 166,826 shares are held by Sheridan Management Corp.; and 75,828 shares are held by Sheridan Realty Corp., each an entity with respect to which the filing person may be deemed to have beneficial ownership. Reporting person disclaims beneficial ownership over an aggregate of 274,157 such shares of common stock.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Deborah J. Friedman, Attorney-in-Fact</signatureName>
      <signatureDate>2003-11-20</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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