Search
Retail Duplex with Loft Office
For Sale
$760,000

109 S Federal Boulevard, Denver, CO 80219

Flexible retail duplex with loft office in prime location.

Property Size1,950 SF
Price / SF$389.74
Days on Market314

Property Features for 109 S Federal Boulevard

General Information

Standard status Active
Size 1,950 SF

Building Details

Year Built 2000
Listing Agency: LoKation
Listed By: Jonathan Coyle · License #055739
Source: Teamuniteddenver
Added: Nov 28, 2025 Changed: Sep 8 Last Checked: Oct 7 at 4:09PM

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 LoKation

Investment Insights

Based on property information with market context.

This property is a versatile retail duplex with a loft office space, situated in a high-visibility location south of 6th Avenue off South Federal Blvd. Zoned E-MX-3, the property offers a range of commercial possibilities. Each side of the duplex features its own HVAC system, bathroom, and loft storage, making it suitable for dual tenants or an owner-user setup. The duplex units are currently open to one another but can be easily separated. A third unit is a closed loft office space featuring skylights, suitable for creative use, administration, or additional rental income. The property has parking with 8 front spaces and 4 in the rear, providing access for customers and staff. This property is located in a rapidly developing corridor.

Key Highlights

  • Prime South Federal Blvd location with high visibility.
  • Flexible E‑MX‑3 zoning allows for a range of commercial possibilities.
  • Duplex configuration ideal for dual tenants or owner‑user, with separate HVAC and bathrooms for each unit.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,934
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,680 $658.7K
Cap Rate 7%
$470,486 $470.5K
Cap Rate 9%
$365,933 $365.9K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$51.5K $26.40/SF
− Vacancy
−$7.6K −$3.88/SF
EGI
$43.9K $22.52/SF
− OpEx
−$11.0K −$5.63/SF
NOI
$32.9K $16.89/SF
Area
ZIP 80219
Vacancy
14.70%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,680
Cap Rate 7%
$470,486
Cap Rate 9%
$365,933

Alternative Uses

Best Use
Office B
$470.5K
$411.7K – $548.9K (±1% cap)
NOI $32,934 @ 7.0% cap · market cap 4.33%
Second Best
Retail
$405.4K
$354.7K – $473.0K (±1% cap)
NOI $28,378 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$556.3K
$486.7K – $649.0K (±1% cap)
NOI $38,938 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Nick-Mart 2 Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store Florist Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 80219, CO

61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail duplex with loft office in prime location.
Where is this retail space located?
The property is located at 109 S Federal Boulevard Denver, CO.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Prime South Federal Blvd location with high visibility.; Flexible E‑MX‑3 zoning allows for a range of commercial possibilities.; Duplex configuration ideal for dual tenants or owner‑user, with separate HVAC and bathrooms for each unit.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again