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Historic Denver Building For Sale

1520 20th St Denver, CO 80202

1520 20th St, Denver, CO, 80202

$7,900,000

For Sale

$7,900,000

Prime investment opportunity in Central Denver with strong rental history.

Property Size20,104 SF

Price / SF$392.96

AddedMar 5

Days on Market132

Last RefreshApr 5 at 11:43 pm

Property Features for 1520 20th St

General Information

Standard status: Active
Size: 20,104 SF
Property subtype: Retail

Building Details

Year Built: 1891

Listing office Pinnacle Real Estate Advisors

Listing date Mar 5, 2026

Source Pinnaclerea

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 Pinnacle Real Estate Advisors

Investment Insights

Based on property information with market context.

Located in Central Denver, CO, the property at 1520 20th St is a 20,104 SF building constructed in 1891. The property is zoned D-LD and features two retail units. The building is 100% occupied and has a strong rental history, presenting an opportunity for retail and street retail investors. One of the units is occupied by a restaurant and bar. The property includes 8,320 SF of deck space with southern natural light. There is a 2-year lease in place with a 3.8% cap, and the lease can be modified for a user. The property is located directly across from Coors Field.

Key Highlights

Prime investment opportunity in Central Denver.
100% occupied property with strong rental history.
Zoned D‑LD, perfectly positioned for retail / street retail investors.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$412.5k	$20.52
− Vacancy	−$19.4k	−$0.96
EGI	$393.1k	$19.56
− OpEx	−$98.3k	−$4.89
NOI	$294.9k	$14.67

20,104 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$4.21M

$3.69M – $4.91M (±1% cap)

NOI $294,859 @ 7.0% cap · market cap 3.73%

Second Best

—

no second resolved use

Theoretical Best

Office A

$6.40M

$5.60M – $7.47M (±1% cap)

NOI $447,988 @ 7.0% cap · market cap 5.67%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rocky Mountain Gator ... Charitable Organization ATM Atm Jackson's LODO Bar & Pub

Suggested Use

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For sale
Bars & Pubs
CO
Denver
80202
1520 20th St

What type of property is this?

Bar & Pub - Prime investment opportunity in Central Denver with strong rental history.

Where is this bar & pub located?

The property is located at 1520 20th St Denver, CO.

What is the asking price?

The asking price for this property is $7,900,000.

What are key features of this property?

This property features: Prime investment opportunity in Central Denver.; 100% occupied property with strong rental history.; Zoned D‑LD, perfectly positioned for retail / street retail investors.