Broadway Office/Retail Building For
2532 S Broadway Denver, CO 80210
2532 S Broadway, Denver, CO, 80210
$449,000
For Sale
$449,000
1,300 SF office/retail building on South Broadway corridor.
Property Size1,300 SF
Lot Size0.14 Acres
Price / SF$345.38
Days on Market130
Property Features for 2532 S Broadway
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1926
Listing Agency
M & M REALTY
(719) 351-5889
Listed by
Mark Munoz · License #40042619
(719) 351-5889
Source
Elliman
Added: Mar 11 Checked: Jul 17 at 5:53 am
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 M & M REALTY
Investment Insights
Based on property information with market context.
The property at 2532 S Broadway is an approximately 1,300 square foot office/retail building situated on the dense South Broadway corridor, near the Platt Park neighborhood. The remodeled space is move-in ready for an office or retail user seeking high visibility, ample parking, and prominent signage. The building benefits from its frontage on Broadway and features a large pylon sign. The U-MX-3 zoning allows for mixed-use development up to three stories. The property includes central air conditioning and a shower in the bathroom. This property presents an opportunity for both owner/users and investors to capitalize on its location and long-term investment potential.
Key Highlights
- Highly Sought After Broadway Frontage: Offers exceptional visibility and access.
- Abundance of Parking: Provides convenient access.
- U‑MX‑3 Zoning: Allows for flexible mixed‑use development up to 3 stories.
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 | $34.3k | $26.40 |
| − Vacancy | −$8.9k | −$6.86 |
| EGI | $25.4k | $19.54 |
| − OpEx | −$6.3k | −$4.88 |
| NOI | $19.0k | $14.65 |
1,300 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$272.1K
$238.1K – $317.5K
NOI $19,048 @ 7.0% cap · market cap 4.24%
Second Best
Retail
$254.2K
$222.5K – $296.6K
NOI $17,796 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$413.8K
$362.1K – $482.8K
NOI $28,969 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Athlete Recruiting Services
Employment Agency
Weatherproof Exteriors Inc
Roofing Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 1,300 SF office/retail building on South Broadway corridor.
Where is this office units located?
The property is located at 2532 S Broadway Denver, CO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Highly Sought After Broadway Frontage: Offers exceptional visibility and access.; Abundance of Parking: Provides convenient access.; U‑MX‑3 Zoning: Allows for flexible mixed‑use development up to 3 stories.
