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South Broadway Retail/Office Opportunity

56 S Broadway Denver, CO 80209

56 S Broadway, Denver, CO, 80209
$1,495,000
For Sale
Claim this Listing
$1,495,000

Versatile retail or office space in a vibrant location.

Property Size5,220 SF
Price / SF$286.40
AddedJan 27
Days on Market169
Last RefreshJul 15 at 8:50 am

Property Features for 56 S Broadway

General Information

Standard status
Active
Size
5,220 SF
Property subtype
Retail

Building Details

Year Built
1900

Listing office Unique Properties, Inc.

Listing date Jan 27, 2026

Source Tcnworldwide

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 Unique Properties, Inc.


Investment Insights

Based on property information with market context.

Located in the heart of the South Broadway corridor, this property offers a 2,610 square foot first-floor space suitable for retail or office use. The space boasts 12-foot high ceilings, brick walls, hardwood floors, and exposed ductwork, complemented by a two-car garage and approximately 1,000 square feet of basement storage. Exterior tenant signage is available. The location benefits from high visibility and storefront presence, with exposure to significant drive-by and foot traffic. Situated in a thriving micro-market known for its mix of restaurants, shops, and residential living, the property has a Walk Score of 97 and sees approximately 24,000 vehicles per day on Broadway. It offers easy access to I-25, West Wash Park, and the Historic Baker District, with newly developed South Broadway two-way bike lanes nearby. The property is also conveniently located within minutes of Downtown Denver, Cherry Creek, and the RTD LightRail Station at Broadway and I-25. This location benefits from an in-demand retail and entertainment trade area, a desirable residential leasing market, and high foot traffic. The property provides an exceptional space for businesses looking to establish themselves in the South Broadway corridor. The property size is 5,220 square feet.

Key Highlights

  • Prime location in the heart of the thriving South Broadway corridor with high foot and vehicle traffic (24,000 vehicles per day).
  • Versatile space suitable for either retail or office use.
  • Features include 12' high ceilings, brick walls, hardwood floors, and exposed duct work.

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 $137.8k $26.40
− Vacancy −$35.8k −$6.86
EGI $102.0k $19.54
− OpEx −$25.5k −$4.88
NOI $76.5k $14.65
5,220 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.09M
$956.0K – $1.27M (±1% cap)
NOI $76,483 @ 7.0% cap · market cap 5.12%
Second Best
Retail
$1.02M
$893.2K – $1.19M (±1% cap)
NOI $71,456 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,320 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sol Tribe Tattoo & Piercing Shop Decade Gifts | Denver ... (Bike/Boat/Book/etc) Store MATTHEW AARON HAMLET Tattoo & Piercing Shop

Suggested Use

Daycare Center HVAC Service Nursing Home Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Arcade & Gaming Center Mobile Phone Store

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

FAQs

What type of property is this?
Retail space - Versatile retail or office space in a vibrant location.
Where is this retail space located?
The property is located at 56 S Broadway Denver, CO.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime location in the heart of the thriving South Broadway corridor with high foot and vehicle traffic (24,000 vehicles per day).; Versatile space suitable for either retail or office use.; Features include **12' high ceilings, brick walls, hardwood floors, and exposed duct work.**
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