Upgraded Retail Space with
For Sale
Contact for pricing
3181 W Alameda Ave, Denver, CO 80219
Fully upgraded retail space with modern amenities and outdoor area.
Property Size9,239 SF
Price / SF$162.36
Days on Market254
Property Features for 3181 W Alameda Ave
General Information
Standard status
Active
Size
9,239 SF
Property subtype
Retail
Zoning
E-MX-3
Building Details
Year Built
1956
Year Renovated
2015
Buildings
1
Stories
1
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Cody Stambaugh · License #CO FA.100039158
(720) 291-0686
Source:
Crexi
Added: Jan 29
Changed: Oct 8
Last Checked: Oct 9 at 7:38PM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This upgraded retail space features an updated fire sprinkler system and control panel. The property has a redesigned rear patio created from the former warehouse delivery area, complete with custom wood fence gates. Updated men’s and women’s restrooms are available, along with a private restroom with a shower. A walk-in cooler and a built-in stage are included. Interior improvements feature updated ceilings, modern fixtures, and finished drywall throughout, along with a dedicated kitchen prep area. The property also includes an ADA-compliant accessible ramp and a polished 4-inch concrete floor. Upgraded indoor and outdoor lighting, LED signage, and complete updated electrical, plumbing, roofing, and HVAC systems are in place. The property size is 9239 square feet.
Key Highlights
- Fully upgraded electrical, plumbing, roofing, and HVAC systems
- Redesigned rear patio created from the former warehouse delivery area
- Walk‑in cooler and dedicated kitchen prep area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,455
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,689,100
$2.7M
Cap Rate 7%
$1,920,786
$1.9M
Cap Rate 9%
$1,493,944
$1.5M
Market Conditions
NOI Build-Up for 9,239 SF
Gross rent
$199.6K $21.60/SF
− Vacancy
−$7.5K −$0.81/SF
EGI
$192.1K $20.79/SF
− OpEx
−$57.6K −$6.24/SF
NOI
$134.5K $14.55/SF
Area
ZIP 80219
Vacancy
3.75%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,689,100
Cap Rate 7%
$1,920,786
Cap Rate 9%
$1,493,944
Alternative Uses
Best Use
Retail
$1.92M
$1.68M – $2.24M
NOI $134,455 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.07M
NOI $184,484 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 29%
Apparel 8%
Electronics 2%
McDonald's
Dining
33,042 visits/mo
0.2 miles
Starbucks
Dining
14,888 visits/mo
0.3 miles
Taco Bell
Dining
10,882 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,310 visits/mo
0.3 miles
Conoco
Shops & Services
9,923 visits/mo
0.3 miles
Demographics for 80219, CO
61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Retail space - Fully upgraded retail space with modern amenities and outdoor area.
Where is this retail space located?
The property is located at 3181 W Alameda Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully upgraded electrical, plumbing, roofing, and HVAC systems; Redesigned rear patio created from the former warehouse delivery area; Walk‑in cooler and dedicated kitchen prep area
