Ground-Floor Retail
For Sale
Contact for pricing
1515 Julian St, Denver, CO 80204
Tall ceilings and broad windows create a bright, flexible interior for customer-facing retail uses.
Property Size2,785 SF
Price / SF$341.11
Days on Market498
Property Features for 1515 Julian St
General Information
Standard status
Active
Size
2,785 SF
Property subtype
RETAIL
Additional Details
Floor
Ground
Listing Agency:
Madison Commercial Properties
(303) 771-3850
Listed By:
Shawna Soffa
(720) 739-5235
Source:
Moodyscre
Added: Jun 4, 2025
Changed: Oct 10
Last Checked: Oct 12 at 10:04PM
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 Madison Commercial Properties
Investment Insights
Based on property information with market context.
This 2,785-square-foot ground-level retail condominium offers an adaptable commercial interior with elevated ceilings and substantial window area that brings natural light into the space. The configuration is positioned for a range of customer-oriented concepts, including health and wellness businesses, fitness or movement studios, beauty services, and health-focused cafés.
Located at 1515 Julian St in Denver, Colorado, the property is identified as eligible for tax credits and exemptions through the Colorado Enterprise Zone Program. Its combination of open retail potential, prominent glazing, and flexible use orientation supports a variety of specialized storefront concepts.
Located at 1515 Julian St in Denver, Colorado, the property is identified as eligible for tax credits and exemptions through the Colorado Enterprise Zone Program. Its combination of open retail potential, prominent glazing, and flexible use orientation supports a variety of specialized storefront concepts.
Key Highlights
- 2,785 SF ground‑floor retail condominium
- High ceilings and large windows provide abundant natural light
- Flexible layout for retail, wellness, fitness, beauty, or health‑oriented café concepts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,124
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$762,480
$762.5K
Cap Rate 7%
$544,629
$544.6K
Cap Rate 9%
$423,600
$423.6K
Market Conditions
NOI Build-Up for 2,785 SF
Gross rent
$57.1K $20.52/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$54.5K $19.56/SF
− OpEx
−$16.3K −$5.87/SF
NOI
$38.1K $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%
$762,480
Cap Rate 7%
$544,629
Cap Rate 9%
$423,600
Alternative Uses
Best Use
Retail
$544.6K
$476.6K – $635.4K
NOI $38,124 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$886.6K
$775.8K – $1.03M
NOI $62,060 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
McDonald's
Dining
21,505 visits/mo
0.5 miles
Denny's
Dining
15,448 visits/mo
0.3 miles
Conoco
Shops & Services
7,149 visits/mo
0.5 miles
7-Eleven
Shops & Services
6,037 visits/mo
0.5 miles
7-Eleven
Shops & Services
5,693 visits/mo
0.1 miles
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
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?
Retail space - Tall ceilings and broad windows create a bright, flexible interior for customer-facing retail uses.
Where is this retail space located?
The property is located at 1515 Julian St Denver, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,785 SF ground‑floor retail condominium; High ceilings and large windows provide abundant natural light; Flexible layout for retail, wellness, fitness, beauty, or health‑oriented café concepts
