Multi-Level Salon Retail
2845 Wyandot St Denver, CO 80211
For Sale
Contact for pricing
Built in 1907, this maintained retail building includes a separately served lower level currently occupied by a tattoo artist.
Property Size3,104 SF
Price / SF$320.55
Days on Market184
Property Features for 2845 Wyandot St
General Information
Standard status
Active
Size
3,104 SF
Property subtype
RETAIL
Listing Agency:
Unique Properties, Inc.
(303) 321-5888
Listed By:
Marc Lippitt · License #ER.000183921
(303) 321-5888
Source:
Moodyscre
Added: Jan 26
Changed: Jul 26
Last Checked: Jul 28 at 2:40PM
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.
Investment Insights
Based on property information with market context.
Built in 1907 and impeccably maintained, this multi-generation salon building has been in continual operation since the 1980s. The property has housed multiple salon concepts over the years, with the most recent use as Wild Indie Hair Lounge. The lower level is a standalone unit and is currently occupied by a tattoo artist.
The property is located in Denver’s Lo-Hi neighborhood with easy access to downtown Denver and Interstate 25. Off-street parking is available with 7 spaces.
The offering is listed with permissive C-MX-5 zoning, providing multiple possibilities for qualified users and investors.
The property is located in Denver’s Lo-Hi neighborhood with easy access to downtown Denver and Interstate 25. Off-street parking is available with 7 spaces.
The offering is listed with permissive C-MX-5 zoning, providing multiple possibilities for qualified users and investors.
Key Highlights
- Built in 1907 and maintained by the current owner; multi‑generation salon continuously operating since the 1980s
- Standalone lower level is separately served and currently occupied by a tattoo artist paying $1,100/month
- Lo‑Hi neighborhood location with easy access to downtown Denver and Interstate 25
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 | $63.7k | $20.52 |
| − Vacancy | −$3.0k | −$0.96 |
| EGI | $60.7k | $19.56 |
| − OpEx | −$18.2k | −$5.87 |
| NOI | $42.5k | $13.69 |
3,104 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$607.0K
$531.1K – $708.2K
NOI $42,490 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$988.1K
$864.6K – $1.15M
NOI $69,168 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1907, this maintained retail building includes a separately served lower level currently occupied by a tattoo artist.
Where is this storefront property located?
The property is located at 2845 Wyandot St Denver, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Built in 1907 and maintained by the current owner; multi‑generation salon continuously operating since the 1980s; Standalone lower level is separately served and currently occupied by a tattoo artist paying $1,100/month; Lo‑Hi neighborhood location with easy access to downtown Denver and Interstate 25
