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Renovated Office Condo on Broadway

1401 South Broadway Denver, CO 80210

1401 South Broadway, Denver, CO, 80210
$599,000
For Sale
Claim this Listing
$599,000

Recently renovated office condo with high visibility and foot traffic.

Property Size1,606 SF
Price / SF$372.98
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 5:59 am

Property Features for 1401 South Broadway

General Information

Standard status
Active
Size
1,606 SF
Property subtype
Office

Building Details

Year Built
1915

Listing office Elite CRE

Listing date Nov 21, 2025

Source Pinnaclerea

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 Elite CRE


Investment Insights

Based on property information with market context.

This 1606 square-foot condo is situated along the South Broadway corridor, benefiting from high visibility and substantial foot traffic. The property has been recently renovated, featuring a new HVAC and plumbing system complete with a lift, as well as an ADA-compliant bathroom. The main conference room includes doors that slide open and shut for privacy. Along the wall are four individual office spaces, each equipped with floor-to-ceiling windows and doors. Keyless electronic secure entrance via Brivo Pass was installed this year. Sonos speakers are installed throughout the space. A custom bar and floating shelves in the center are suitable for displaying awards, signage, or products. Almost all lights are on dimmers. This property is intended for office use and may be suitable for an owner-user.

Key Highlights

  • High visibility and foot traffic on South Broadway corridor.
  • Recently renovated with new HVAC and plumbing.
  • ADA compliant bathroom.

Local Financial Insights For Office B

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 $42.4k $26.40
− Vacancy −$11.0k −$6.86
EGI $31.4k $19.54
− OpEx −$7.8k −$4.88
NOI $23.5k $14.65
1,606 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$336.2K
$294.1K – $392.2K (±1% cap)
NOI $23,531 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.2K
$447.3K – $596.5K (±1% cap)
NOI $35,787 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

David Ness - Broker Real Estate Agency Thrive Real Estate ... Real Estate Agency Medical Dentistry Group ... Dental Office Allison Gonzales- Thrive ... Real Estate Agency Laura Burling, Denver ... Real Estate Agency

Suggested Use

Law Firm Dental Office Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - Recently renovated office condo with high visibility and foot traffic.
Where is this office units located?
The property is located at 1401 South Broadway Denver, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High visibility and foot traffic on South Broadway corridor.; Recently renovated with new HVAC and plumbing.; ADA compliant bathroom.
Contact an agent
More about this property
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