2490 W 2nd Avenue Denver, CO 80223
Fully operational, licensed medical cannabis cultivation and retail facility.
- Added:
- Mar 3, 2026
- Days on Market:
- 130
- Last Refresh:
- Jul 4 at 9:51 am
Property Features for 2490 W 2nd Avenue
General Information
- Standard status
- Active
- Size
- 8,199 SF
- Property subtype
- Business for Sale, Industrial, Retail
Building Details
- Year Built
- 1980
Listing office Shames Makovsky (303) 842-5767
Listing date Mar 3, 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 Shames Makovsky
Investment Insights
Based on property information with market context.
Key Highlights
- Zoned for Medical Cannabis Cultivation and Retail
- Fully Operational Licensed Facility
- Medical Cannabis Cultivation Use
Local 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 | $168.2k | $20.52 |
| − Vacancy | −$7.9k | −$0.96 |
| EGI | $160.3k | $19.56 |
| − OpEx | −$48.1k | −$5.87 |
| NOI | $112.2k | $13.69 |
