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2120 N Broadway, Denver, CO, 80205
Mixed-Use Commercial Building

2120 N Broadway Denver, CO 80205

For Sale
$400,000

Mixed-use building with two above-grade levels, a basement, and separate entrances, sold as-is for repositioning.

Property Size1,992 SF
Price / SF$200.80
Days on Market129

Property Features for 2120 N Broadway

General Information

Standard status
Active
Size
1,992 SF
Property subtype
Office

Building Details

Year Built
1924
Listing Agency: Real Broker, LLC DBA Real
Listed By: Kristiyan Mirkov
Source: Xome
Added: Mar 18 Changed: Jul 22 Last Checked: Jul 23 at 4:01AM

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 Real Broker, LLC DBA Real


Investment Insights

Based on property information with market context.

This mixed-use commercial building offers a flexible, investor or owner-user blank-slate configuration after being fully cleaned out and is being sold as-is. The property includes two above-grade levels plus a basement, with separate entrances that support multiple layout and end-use configurations depending on the buyer’s approach.

The building is positioned along Broadway in a central, walkable corridor with ongoing development and surrounding retail and density. Zoning D-AS-20+ allows a wide range of uses, including office, live/work, retail, or creative mixed-use configurations, subject to buyer verification of zoning requirements and intended uses.

With functional separation across levels and entrance flexibility, the property is designed to accommodate a variety of redevelopment or multi-use scenarios while retaining the ability to tailor the tenant or user mix to the buyer’s plans.

Key Highlights

  • Mixed‑use building with two above‑grade levels plus a basement, offering multiple interior layout options
  • Separate entrances provide flexibility for different end‑use configurations
  • Zoned D‑AS‑20+ for a wide range of uses, including office, live/work, and retail (buyer to verify intended uses)

Financial Insights For Office B

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 $52.6k $26.40
− Vacancy −$13.7k −$6.86
EGI $38.9k $19.54
− OpEx −$9.7k −$4.88
NOI $29.2k $14.65
1,992 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$417.0K
$364.8K – $486.5K (±1% cap)
NOI $29,187 @ 7.0% cap · market cap 7.30%
Second Best
Mixed Use
$400.8K
$350.7K – $467.6K (±1% cap)
NOI $28,057 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$634.1K
$554.9K – $739.8K (±1% cap)
NOI $44,389 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Fred Loya Insurance Insurance Agency Jono Mods LLC DJ & Entertainment Smoker Friendly & Glass ... (Bike/Boat/Book/etc) Store Pressed Juice Daily Specialty Food Shop Instant Imprints (Bike/Boat/Book/etc) Store

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Barber Shop Accounting Firm Grocery & Convenience Store

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

FAQs

What type of property is this?
Live-work space - Mixed-use building with two above-grade levels, a basement, and separate entrances, sold as-is for repositioning.
Where is this live-work space located?
The property is located at 2120 N Broadway Denver, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Mixed‑use building with two above‑grade levels plus a basement, offering multiple interior layout options; Separate entrances provide flexibility for different end‑use configurations; Zoned D‑AS‑20+ for a wide range of uses, including office, live/work, and retail (buyer to verify intended uses)
More about this property
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