1020 15th Street Unit 1V Denver, CO 80202
Retail, showroom, or creative office space with potential for restaurant.
Property Features for 1020 15th Street Unit 1V
General Information
- Standard status
- Active
- Size
- 2,394 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1967
Listing office (720) 840-3960
Listing date May 14, 2026
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Elizabeth M. Leder, Esq.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime ground‑floor retail space with exceptional visibility and street‑to‑ceiling windows.
- Flexible floor plan with the ability to easily add an in‑suite bathroom or full commercial kitchen.
- Priced to sell at $750,000 for 2,394 SF of ground‑floor retail ownership.
Local 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 | $49.1k | $20.52 |
| − Vacancy | −$2.3k | −$0.96 |
| EGI | $46.8k | $19.56 |
| − OpEx | −$14.0k | −$5.87 |
| NOI | $32.8k | $13.69 |