Storefront Retail Property with
For Sale
$600,000
1832 S Broadway, Denver, CO 80210
Retail space with rear parking, enclosed outdoor area, basement storage, and climate control along an established commercial corridor.
Property Size2,500 SF
Price / SF$240
Days on Market51
Property Features for 1832 S Broadway
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
4
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$11,834
Amenities
large fenced outdoor area
full basement
heating and air conditioning
Building Details
Building Size
2,500 SF
Year Built
1926
Listing Agency:
Capital Property Group LLC
Listed By:
Josh Horwitz · License #CO100076396
(303) 502-7333
Source:
Eliselosassore
Added: Aug 17
Changed: Sep 26
Last Checked: Oct 5 at 10:55PM
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 Capital Property Group LLC
Investment Insights
Based on property information with market context.
This 2,500-square-foot storefront retail property at 1832 S. Broadway includes a full basement that can support storage or additional workspace. The building also provides heating and air conditioning, four rear parking spaces, and a sizable fenced outdoor area. Built in 1926, the property offers a combination of front-of-house retail space and supporting functional areas.
The site is positioned on South Broadway between Colorado Avenue and Jewell Avenue in Denver. Approximately 35,000 vehicles travel along South Broadway each day, providing substantial roadside exposure. The property is identified as suitable for retail, service, office, and restaurant concepts, with the surrounding commercial corridor and nearby residential areas contributing to its urban setting.
The site is positioned on South Broadway between Colorado Avenue and Jewell Avenue in Denver. Approximately 35,000 vehicles travel along South Broadway each day, providing substantial roadside exposure. The property is identified as suitable for retail, service, office, and restaurant concepts, with the surrounding commercial corridor and nearby residential areas contributing to its urban setting.
Key Highlights
- 2,500 total square feet of storefront retail space
- Full basement for storage or additional workspace
- Four rear parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,222
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,440
$684.4K
Cap Rate 7%
$488,886
$488.9K
Cap Rate 9%
$380,244
$380.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$51.3K $20.52/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$48.9K $19.56/SF
− OpEx
−$14.7K −$5.87/SF
NOI
$34.2K $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%
$684,440
Cap Rate 7%
$488,886
Cap Rate 9%
$380,244
Alternative Uses
Best Use
Retail
$488.9K
$427.8K – $570.4K
NOI $34,222 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.8K
$696.4K – $928.5K
NOI $55,709 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
13,479
Businesses Nearby
261k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 79%
Dining 8%
Apparel 7%
Shops & Services 6%
Embassy Suites By Hilton Denver Downtown Convention Center
Hotels & Casinos
68,134 visits/mo
0.4 miles
Sheraton Denver Downtown Hotel
Hotels & Casinos
26,787 visits/mo
0.2 miles
the Curtis Denver a DoubleTree by Hilton Hotel
Hotels & Casinos
19,809 visits/mo
0.5 miles
Ross Dress for Less
Apparel
18,597 visits/mo
0.3 miles
Hyatt Place Denver/Downtown
Hotels & Casinos
14,580 visits/mo
0.4 miles
Demographics for 80210, CO
39,394
Population
18,496
Households
2.1
Avg Household Size
33
Median Age
76%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
6,458
Density / Sq Mi
$120,156
Median Household Income
$61,607
Median Earnings
$1,963
Median Rent
$870,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail space with rear parking, enclosed outdoor area, basement storage, and climate control along an established commercial corridor.
Where is this storefront property located?
The property is located at 1832 S Broadway Denver, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,500 total square feet of storefront retail space; Full basement for storage or additional workspace; Four rear parking spaces
