Prime Retail Location Near
For Sale
Contact for pricing
1962 Blake St, Denver, CO
Retail space with high pedestrian traffic near public transportation.
Property Size12,333 SF
Lot Size0.14 Acres
Price / SF$445.96
Days on Market634
Property Features for 1962 Blake St
General Information
Standard status
Active
Size
12,333 SF
Lot size
0.14 Acres
Property subtype
RETAIL
Listing Agency:
Henry Group Real Estate
(303) 625-7444
Listed By:
Montana Rae · License #FA01319334
(970) 618-6257
Source:
Moodyscre
Added: Nov 6, 2024
Changed: Jul 6
Last Checked: Jul 22 at 3:32AM
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 Henry Group Real Estate
Investment Insights
Based on property information with market context.
This retail space is situated in an excellent location in LoDo, across the intersection from Coors Field. The property benefits from high pedestrian traffic and convenient access to various retailers, restaurants, and bars. Public transportation is located nearby. The property is zoned D-LD, offering flexibility. An adjacent property located at 1948 Blake Street is also available for sale. The property has a size of 12333 square feet.
Key Highlights
- Excellent LoDo location directly across from Coors Field.
- High pedestrian traffic area.
- Conveniently located near retailers, restaurants, and bars.
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 | $253.1k | $20.52 |
| − Vacancy | −$11.9k | −$0.96 |
| EGI | $241.2k | $19.56 |
| − OpEx | −$72.4k | −$5.87 |
| NOI | $168.8k | $13.69 |
12,333 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.81M
NOI $168,825 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.44M – $4.58M
NOI $274,823 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,453
Businesses Nearby
122k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 38%
Shops & Services 24%
Dining 23%
Apparel 15%
Ross Dress for Less
Apparel
18,597 visits/mo
0.5 miles
Illegal Pete's
Dining
15,339 visits/mo
0.3 miles
Bank of America
Shops & Services
13,346 visits/mo
0.4 miles
Renaissance Denver Downtown City Center Hotel
Hotels & Casinos
12,526 visits/mo
0.4 miles
Residence Inn Denver City Center
Hotels & Casinos
10,714 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with high pedestrian traffic near public transportation.
Where is this retail space located?
The property is located at 1962 Blake St Denver, CO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Excellent LoDo location directly across from Coors Field.; High pedestrian traffic area.; Conveniently located near retailers, restaurants, and bars.
