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    913 N Corona St Denver, CO 80218

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    Claim this Listing
    New
    For Sale
    $1,100,000

    MULTI_FAMILY - Denver, CO

    Type:Single Family Residence
    Property size:
    3,624 SF
    Lot size:
    0.10 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 14 at 4:06 pm

    Property Features for 913 N Corona St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    B-2
    Rooms
    Basement
    Exterior features
    Sprinkler System
    Fencing
    Fenced
    Fireplace
    1
    Basement
    Partial
    Appliances
    Fire Alarm
    Standard status
    Active
    APN
    5023-06-016
    Size
    3,624 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    14440

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1891
    Floors in Building
    4
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Corinna Hooper

    Listing agent Corinna Hooper

    Listing office Mosaic Realty LLC 2325 Marshwood Drive, Fort Collins, CO

    Listing date Apr 14, 2026

    MLS# 1056407 Listing URL

    Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Investment Opportunity in Denver

    This property, originally a historic home, has been thoughtfully converted to retail use. It is configured as two retail units, each with approximately 8 years remaining on 10-year leases and options to renew. The property is located in the heart of Capitol Hill, directly across from a high-traffic King Soopers. Currently offering a 6.1% cap rate with 3% annual rent increases, this asset provides strong, stable income with built-in growth. The site offers ample parking and benefits from exceptional visibility and consistent foot and vehicle traffic in a highly desirable, high-demand location. The property has a B-2 zoning. The property size is 3624 Square Feet and the lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quantum Alchemy Metaphysical Supply Store Metaphysical Store Metaphysical Supply Store A Pet's Paradise (Bike/Boat/Book/etc) Store Amazon Hub Counter ... Courier Service The Natural Sleep Store Furniture & Home Goods

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Decade Gifts — 577 S Broadway, Denver, CO 80209, United States
    • Juniper & Honey Floral Designs — 1460 S Broadway, Denver, CO 80210
    • Plum Gallery Floral and Events
    • Nice Stems Florist — 1457 Old South Pearl, Denver, CO 80210
    • Sam's Club Floral — 505 S Broadway, Denver, CO 80209

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.974447
    Latitude
    39.730806

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    FAQs

    What type of property is this?
    Storefront property - Retail property with stable income and built-in growth potential.
    Where is this storefront property located?
    The property is located at 913 N Corona St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: High‑traffic location directly across from King Soopers in Capitol Hill.; Strong, stable income with a **6.1% cap rate**.; Built‑in income growth with **3% annual rent increases**.
    (970) 279-3100
    We can help!
    Listing Contact
    Corinna Hooper
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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