Storefront Retail with Light Rail
For Sale
Contact for pricing
1437 California St, Denver, CO 80202
Storefront retail positioned across from the Colorado Convention Center and Hyatt Regency, with light rail directly in front.
Property Size12,500 SF
Price / SF$200
Days on Market349
Property Features for 1437 California St
General Information
Standard status
Active
Size
12,500 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Cbd
Listing Agency:
Shames Makovsky
(303) 534-5005
Listed By:
Dorit Makovsky-Fischer
(303) 667-6873
Source:
Moodyscre
Added: Nov 13, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:56PM
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 Shames Makovsky
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront retail property offers approximately 12,500 square feet and is positioned for high visibility in a major downtown venue area. It is described as being across from the Colorado Convention Center and the new Hyatt Regency Denver at Colorado Convention Center.
The property is located at 1437 California St and benefits from close proximity to popular pedestrian activity, with one block to 16th Street. Light rail runs directly in front of the building, supporting convenient transit access. Public remarks also note 125K+ daytime employees within a one-mile radius, which can support consistent foot traffic patterns in the surrounding market.
The property is located at 1437 California St and benefits from close proximity to popular pedestrian activity, with one block to 16th Street. Light rail runs directly in front of the building, supporting convenient transit access. Public remarks also note 125K+ daytime employees within a one-mile radius, which can support consistent foot traffic patterns in the surrounding market.
Key Highlights
- Storefront retail located across from the Colorado Convention Center and the new Hyatt Regency Denver at Colorado Convention Center
- Light rail runs directly in front of the building
- About one block from 16th Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,111
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,422,220
$3.4M
Cap Rate 7%
$2,444,443
$2.4M
Cap Rate 9%
$1,901,233
$1.9M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$256.5K $20.52/SF
− Vacancy
−$12.1K −$0.96/SF
EGI
$244.4K $19.56/SF
− OpEx
−$73.3K −$5.87/SF
NOI
$171.1K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,422,220
Cap Rate 7%
$2,444,443
Cap Rate 9%
$1,901,233
Alternative Uses
Best Use
Retail
$2.44M
$2.14M – $2.85M
NOI $171,111 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,544 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,665
Businesses Nearby
305k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 66%
Groceries 15%
Dining 13%
Apparel 6%
Embassy Suites By Hilton Denver Downtown Convention Center
Hotels & Casinos
68,134 visits/mo
0.1 miles
King Soopers
Groceries
47,232 visits/mo
0.4 miles
Sheraton Denver Downtown Hotel
Hotels & Casinos
26,787 visits/mo
0.3 miles
the Curtis Denver a DoubleTree by Hilton Hotel
Hotels & Casinos
19,809 visits/mo
0.2 miles
Ross Dress for Less
Apparel
18,597 visits/mo
0.2 miles
Demographics for 80202, CO
19,606
Population
14,394
Households
1.4
Avg Household Size
34
Median Age
72%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
16,338
Density / Sq Mi
$110,372
Median Household Income
$80,331
Median Earnings
$2,246
Median Rent
$677,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail positioned across from the Colorado Convention Center and Hyatt Regency, with light rail directly in front.
Where is this storefront property located?
The property is located at 1437 California St Denver, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Storefront retail located across from the Colorado Convention Center and the new Hyatt Regency Denver at Colorado Convention Center; Light rail runs directly in front of the building; About one block from 16th Street
