Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    324-336 S Broadway Denver, CO 80203

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding commercial building with high visibility and traffic counts.

    Property size:
    11,472 SF
    Lot size:
    0.25 Acres

    Property Features for 324-336 S Broadway

    General Information

    Size
    11,472 SF
    Lot size
    0.25 Acres

    We can help!

    Listing Contact
    Ray Rosado
    Ray Rosado
    Source: Moodyscre

    Listing Agency: Lee & Associates | Denver Listing Agent: Ray Rosado

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Modernized Building on Broadway

    This modernized commercial building offers approximately 11,472 square feet of flexible space that can be combined or divided as needed. The building, renovated between 2014 and 2015, features a new 60 mil white membrane roof installed in 2016 with a 20-year warranty. It is ideally suited for medical, dental, wellness, or high-end retail uses. The property benefits from tremendous exposure to Broadway, with over 31,000 vehicles passing by daily, and offers exceptional signage and visibility. Located near the intersection of Alameda and Broadway, just north of the Denver Design Center, it is across from a major shopping center and the Alameda Light Rail Station. The location provides great street exposure in a surrounding retail area, with easy access to I-25 and central Denver. Parking options include possible private off-street parking, unmetered 2-hour street parking, and optional lot parking nearby. Common area restrooms are available. The location is considered a Walker’s Paradise, Biker’s Paradise, and offers Excellent Transit. The current lease is terminable upon sale.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.987132
    Latitude
    39.721432

    Nearby Similar for Sale

    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Denver

      Spacious warehouse/storage unit with flex space and mezzanine.
      560 Ames St, Denver, CO 80226
      View Details
    • $950,000
      3,420 SF

      Classic Dutch Colonial Office Building

      Updated Dutch Colonial mansion-turned-office in downtown Denver.
      1718 N Gaylord St, Denver, CO 80206
      View Details
    • $395,000

      Denver Office Condo For Sale

      Office condo in South Denver location, suitable for various businesses.
      8751 E Hampden Ave, Denver, CO 80231
      View Details
    • $575,000

      Denver Redevelopment Opportunity Near Colfax

      Commercial property near Colfax with redevelopment and renovation potential.
      1454 Tamarac St, Denver, CO 80220
      View Details
    • $470,000

      Versatile Commercial Building with Dock

      Office/warehouse with storage, dock access, and business uses.
      1050 S Quitman St, Denver, CO 80219
      View Details
    • $995,000

      Tennyson Street Retail Space Available

      Prime retail space in a vibrant Denver location.
      4258 Tennyson St, Denver, CO 80212
      View Details
    • $456,600

      Downtown Denver Office Condo Units

      Office condo units for sale in historic downtown Denver building.
      730 17Th St, Denver, CO 80202
      View Details
    • $725,000

      Class A Flex/Industrial Space

      Move-in ready and unfinished spaces available for custom buildout.
      5475 Peoria St, Denver, CO 80239
      View Details
    • $465,000

      Versatile Industrial/Flex Space with Access

      Industrial/flex space with prime access, ideal for various business uses.
      802 E 78Th Ave, Denver, CO 80229
      View Details
    • $515,000

      Class A Flex/Industrial Space

      Move-in ready and unfinished spaces available for immediate occupancy.
      5475 Peoria St, Denver, CO 80239
      View Details
    • $346,200

      Downtown Denver Office Condos

      Five office condos in historic downtown building for sale.
      730 17Th St, Denver, CO 80202
      View Details
    • $699,000
      1,906 SF

      Turn-Key Tattoo Shop For Sale

      Operating tattoo shop with flexible zoning and redevelopment potential.
      4241 Jason St, Denver, CO 80211
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding commercial building with high visibility and traffic counts.
    Where is this retail space located?
    The property is located at 324-336 S Broadway Denver, CO.
    What is the asking price?
    The asking price for this property is $3,440,000.
    What are key features of this property?
    This property features: - Tremendous exposure to Broadway with over 31,000 vehicles per day.; - Enjoy the benefits of a ±11,472 SF modernized commercial building with significant capital improvements.; - Ideal for medical, dental, wellness, or high-end retail uses.
    (720) 209-5546 Call to check price and availability
    Request Owner's contact information
    324-336 S Broadway Denver, CO 80203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    324-336 S Broadway
    Denver, CO 80203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324-336 S Broadway Denver, CO 80203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ray Rosado
    Ray Rosado
    Real Estate License ID: #FA100-019395
    (720) 209-5546 (303) 296-8500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!