Denver Restaurant and Development
For Sale
$3,500,000
1597 S Federal Boulevard, Denver, CO 80219
Successful restaurant with significant development potential in Southwest Denver.
Property Size5,907 SF
Lot Size1.61 Acres
Price / SF$592.52
Days on Market152
Property Features for 1597 S Federal Boulevard
General Information
Standard status
Active
Size
5,907 SF
Class
B
Total Parking Spaces
1
Lot size
1.61 Acres
Property subtype
Commercial
Zoning
U-MS-5
Taxes and HOA fees
Annual Taxes
$59,857
Building Details
Building Size
5,907 SF
Year Built
1979
Units
1
Listing Agency:
Luna - Llanes Realty LLC
(303) 552-2908
Listed By:
Fernando Luna-LLanes · License #40037658
(303) 552-2908
Source:
Coloradopartners
Added: Mar 27
Changed: Aug 23
Last Checked: Aug 24 at 12:37PM
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 Luna - Llanes Realty LLC
Investment Insights
Based on property information with market context.
This property features a successful family-owned and leased restaurant in a desirable neighborhood in southwest Denver. The restaurant, a local staple for decades, thrives in the current market. Situated on a large 69,900 sq ft lot, the property offers approximately 25,000 sq ft available for separate development. Potential uses include residential, offices, or a smaller retail center, subject to the buyer's vision. The property's size allows for additions beyond the restaurant's parking needs. The neighborhood's needs could provide substantial upside potential. The property generates a 5.2% cap rate of $180,000.00 NNN per annum, presenting both an investment and development opportunity. The existing restaurant building is 5,907 sq ft.
Key Highlights
- Large 69,900 sq ft lot with approx. 25,000 sq ft available for development.
- Established and successful restaurant (Torres Mexican Restaurant) included.
- Current Net Operating Income (NOI) of $180,000.00 per annum.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
138k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 36%
Shops & Services 21%
McDonald's
Dining
36,441 visits/mo
0.4 miles
Save-A-Lot
Groceries
29,828 visits/mo
0.5 miles
Lowe's Market
Groceries
29,015 visits/mo
0.3 miles
Conoco
Shops & Services
8,165 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,991 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Successful restaurant with significant development potential in Southwest Denver.
Where is this mixed-use property located?
The property is located at 1597 S Federal Boulevard Denver, CO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Large 69,900 sq ft lot with approx. 25,000 sq ft available for development.; Established and successful restaurant (Torres Mexican Restaurant) included.; Current Net Operating Income (NOI) of $180,000.00 per annum.
