Retail Investment Opportunity in
For Sale
$1,100,000
913 N Corona St, Denver, CO 80218
MULTI_FAMILY - Denver, CO
Property Size3,624 SF
Lot Size0.10 Acres
Price / SF$303.53
Days on Market114
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
Subdivision
South Div Of Capitol Hill
Lot features
Paved
Elementary school
Dora Moore
Middle school
Morey
High school
East
Elementary school district
Denver District 1
Middle school district
Denver District 1
High school district
Denver District 1
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
Listing Agency:
Mosaic Realty LLC
(970) 217-9141
Listed By:
Corinna Hooper
(970) 279-3100
Added: Apr 14
Changed: Jul 2
Last Checked: Aug 5 at 9:06AM
MLS# 1056407
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.4k | $20.52 |
| − Vacancy | −$3.5k | −$0.96 |
| EGI | $70.9k | $19.56 |
| − OpEx | −$21.3k | −$5.87 |
| NOI | $49.6k | $13.69 |
3,624 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$708.7K
$620.1K – $826.8K
NOI $49,609 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,755 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 96%
Dining 4%
Whole Foods Market
Groceries
27,135 visits/mo
0.4 miles
Thai Basil
Dining
1,118 visits/mo
0.3 miles
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
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**.
