Denver Former Restaurant
2403 Champa St, Denver, CO 80205
24,000 SF former restaurant on 0.85-acre infill site.
Type:Retail
Property size:
24,000 SFLot size:
0.85 AcresPrice / SF:
$229/SF- Added:
- Feb 20, 2026
- Days on Market:
- 136
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2403 Champa St
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Lot size
- 0.85 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing office Unique Properties, Inc
Listing date Feb 20, 2026
Source Crexi
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 Unique Properties, Inc
HighLights
- Large ±24,000 SF stand‑alone building on a 0.85‑acre infill site in Denver's urban core.
- Rare opportunity for a large‑format restaurant, brewery, food hall, or experiential retail concept.
- Ample parking and dual alley ingress/egress.
- Strong visibility and proximity to the North Broadway corridor and dense residential development.
- Outdoor seating potential.
- Long‑term repositioning or vertical redevelopment upside.
Overview
This stand-alone, approximately 24,000 square foot former restaurant is situated on a 0.85-acre infill site in Denver's urban core. The property presents a rare opportunity for a large-format restaurant, brewery, food hall, or experiential retail concept. It features strong visibility, dual alley access, ample parking, and a large lot footprint. Its location near the North Broadway corridor and dense residential development supports strong daytime and evening demand. The site offers outdoor seating potential and long-term repositioning or vertical redevelopment upside. The property is located in one of Denver's most dynamic growth corridors.
Local Financial Insights For Specialty 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 | $492.5k | $20.52 |
| − Vacancy | −$23.1k | −$0.96 |
| EGI | $469.3k | $19.56 |
| − OpEx | −$117.3k | −$4.89 |
| NOI | $352.0k | $14.67 |
24,000 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$5.03M
$4.40M – $5.87M
NOI $352,000 @ 7.0% cap · market cap 6.40%
Second Best
Retail
$4.69M
$4.11M – $5.48M
NOI $328,533 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$7.64M
$6.69M – $8.91M
NOI $534,804 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
MobCraft Beer Denver
Restaurant
CompuCOM inc
Tech Support Center
Duets Tap and Grill
Restaurant
Similar Places Nearby
- Denver Catering Group — 1050 17th St, Denver, CO 80265
- Epicurean Catering at the Denver Center for the Performing Arts — 1101 13th St #5319, Denver, CO 80204
- Maines Paper & Food Services Inc — 1050 15th st, denver, co 80202
- Boney's BBQ (Catering Only) — 1543 Champa St, Denver, CO 80202
- Taco Bron! — 950 17th St #110, Denver, CO 80202
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.9843107
- Latitude
- 39.7542524
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - 24,000 SF former restaurant on 0.85-acre infill site.
Where is this restaurant located?
The property is located at 2403 Champa 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: Large ±24,000 SF stand‑alone building on a 0.85‑acre infill site in Denver's urban core.; Rare opportunity for a large‑format restaurant, brewery, food hall, or experiential retail concept.; Ample parking and dual alley ingress/egress.
