Two-Unit Retail Storefront
1428-1432 S Broadway Denver, CO 80210
1428-1432 S Broadway, Denver, CO, 80210
$1,495,000
For Sale
$1,495,000
Two adjacent storefront units total 5,696 SF with a back loft area for flexible reconfiguration or occupancy.
Property Size5,696 SF
Price / SF$262.46
Days on Market24
Property Features for 1428-1432 S Broadway
General Information
- Standard status
- Active
- Size
- 5,696 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1966
Listing agency
(720) 677-8902
Listed by
Adam Gower · License #EA.100048121 (CO)
(720) 677-8902
Source
Matthews
Added: Jun 28 Updated: Jul 21 at 2:03PM Checked: Jul 21 at 2:03PM
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 Adam Gower
Investment Insights
Based on property information with market context.
This two-unit retail storefront building totals 5,696 square feet across two storefront spaces, with an existing loft area in the back of the building. The layout supports flexible reconfiguration between the front storefronts and the rear loft space to accommodate a variety of retail or service-oriented uses.
Located at 1428–1432 S Broadway in Denver, the property offers direct exposure along a heavily trafficked retail corridor, supported by dense surrounding residential communities and the established Platt Park neighborhood. The seller indicates seller financing is available.
With two tenant-ready storefronts and an additional rear loft area, the building can work for an owner-occupant strategy or a lease-up approach following closing.
Located at 1428–1432 S Broadway in Denver, the property offers direct exposure along a heavily trafficked retail corridor, supported by dense surrounding residential communities and the established Platt Park neighborhood. The seller indicates seller financing is available.
With two tenant-ready storefronts and an additional rear loft area, the building can work for an owner-occupant strategy or a lease-up approach following closing.
Key Highlights
- 1966‑built retail property on South Broadway with direct exposure on Denver’s heavily trafficked retail corridor
- Two adjacent storefront units totaling 5,696 SF, plus an existing back loft area for flexible reconfiguration or occupancy
- Two‑tenant retail configuration designed to support retail or service‑oriented tenancy options
Local Financial Insights For Retail
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 | $116.9k | $20.52 |
| − Vacancy | −$5.5k | −$0.96 |
| EGI | $111.4k | $19.56 |
| − OpEx | −$33.4k | −$5.87 |
| NOI | $78.0k | $13.69 |
5,696 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$974.7K – $1.30M
NOI $77,972 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $126,927 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Juniper & Honey Floral Designs — 1460 S Broadway, Denver, CO 80210
- Nice Stems Florist — 1457 Old South Pearl, Denver, CO 80210
- 24Flow Del99, LLC — 1835 s broadway, denver, co 80210
FAQs
What type of property is this?
Storefront property - Two adjacent storefront units total 5,696 SF with a back loft area for flexible reconfiguration or occupancy.
Where is this storefront property located?
The property is located at 1428-1432 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: 1966‑built retail property on South Broadway with direct exposure on Denver’s heavily trafficked retail corridor; Two adjacent storefront units totaling 5,696 SF, plus an existing back loft area for flexible reconfiguration or occupancy; Two‑tenant retail configuration designed to support retail or service‑oriented tenancy options
