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Mixed-Use Property Near Costco

2401 W Alameda Avenue Denver, CO 80223

2401 W Alameda Avenue, Denver, CO, 80223
$2,800,000
For Sale
Claim this Listing
$2,800,000

Mixed-use property with showroom, office, and retail spaces for sale.

Property Size7,672 SF
Price / SF$364.96
AddedMar 31
Days on Market107
Last RefreshJul 3 at 5:56 am

Property Features for 2401 W Alameda Avenue

General Information

Standard status
Active
Size
7,672 SF
Property subtype
Commercial

Building Details

Year Built
1970

Listing office CENTURY 21 SIGNATURE REALTY NORTH, INC.

Listing date Mar 31, 2026

Source Corcoran

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 CENTURY 21 SIGNATURE REALTY NORTH, INC.


Investment Insights

Based on property information with market context.

This mixed-use property features three units suitable for various purposes. It is located near major intersections, including Federal and Alameda, and I-25 and Alameda, and is catty-corner from a Costco Business Center, a large Asian-themed retail area, and a large grocery market. The property includes a large showroom-style unit with a 20-foot ceiling. Additionally, there is an office-type unit equipped with a full kitchen, laundry facilities, two bathrooms, and multiple rooms and offices. A smaller retail unit, currently occupied by an insurance office, is also part of the property. The property offers ample parking. The total property size is 7672 square feet. The property has two long-term stable tenants.

Key Highlights

  • Prime location catty‑corner from Costco Business Center and a large Asian‑themed retail area and grocery market.
  • Three units offering diverse usage possibilities (showroom, office, retail).
  • Two long‑term, stable tenants already in place.

Local 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 $202.5k $26.40
− Vacancy −$52.7k −$6.86
EGI $149.9k $19.54
− OpEx −$37.5k −$4.88
NOI $112.4k $14.65
7,672 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.61M
$1.41M – $1.87M (±1% cap)
NOI $112,410 @ 7.0% cap · market cap 4.01%
Second Best
Mixed Use
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,060 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $170,959 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

L.A. Insurance Insurance Agency Smart Start Ignition ... Auto Parts Store

Suggested Use

Real Estate Agency Law Firm Daycare Center Parking Lot & Garage Locksmith Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with showroom, office, and retail spaces for sale.
Where is this mixed-use property located?
The property is located at 2401 W Alameda Avenue Denver, CO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime location catty‑corner from Costco Business Center and a large Asian‑themed retail area and grocery market.; Three units offering diverse usage possibilities (showroom, office, retail).; Two long‑term, stable tenants already in place.
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