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    66 Broadway Denver, CO 80209

    Sponsored
    For Sale
    $2,800,000

    Historic Broadway St. Multi-Tenant Property

    Property size:
    10,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property, located at 66-70 S Broadway in Denver, Colorado, presents a compelling investment opportunity. The 10,400 square foot building, constructed in 1924 and renovated in 2007, boasts a prime location in the vibrant Denver market. The two-story structure features seven units, including four apartments and two fully leased retail spaces, plus additional flex space. The current asking price is $2,800,000, translating to a price per square foot of $269.23. The property is zoned G-MS-5, allowing for future development potential. All four tenants are under a NNN lease structure, commencing September 1st, 2024. This multi-tenant setup provides a diversified income stream and inherent stability. The building's rich history and strategic location on South Broadway offer significant upside potential for investors seeking a strong return on investment in a rapidly growing area of Denver. The property's solid tenant occupancy and favorable lease terms make it an attractive addition to any portfolio. This is a rare chance to acquire a well-maintained, income-producing asset in a highly sought-after Denver location. The property's zoning allows for future expansion or redevelopment, further enhancing its long-term value. Don't miss this opportunity to own a piece of Denver's thriving commercial and residential real estate market.

    Property Features for 66 Broadway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    10,400 SF

    Building Details

    Year Built/Renovated
    1924/2007
    Stories
    2
    Units
    7

    HighLights

    • Exceptional mixed‑use property at 66‑70 S Broadway, Denver, CO.
    • 10,400 SF building, built in 1924, renovated in 2007.
    • Seven units: four apartments, two leased retail spaces, plus flex space.
    • Asking price: $2,800,000 ($269.23/SF).
    • G‑MS‑5 zoning allows for future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Street Smoke Shop Smoke Shop Denver Ceramic Studio Art Studio Blue Haus Collective Vintage Clothing Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9873061
    Latitude
    39.7152807

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Broadway St. Multi-Tenant Property
    Where is this mixed-use property located?
    The property is located at 66 Broadway Denver, CO.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Exceptional mixed-use property at 66-70 S Broadway, Denver, CO.; 10,400 SF building, built in 1924, renovated in 2007.; Seven units: four apartments, two leased retail spaces, plus flex space.
    Request Owner's contact information
    66 Broadway Denver, CO 80209
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    Denver, CO 80209
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    Realmo Value Estimation

    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.

    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.

    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
    66 Broadway Denver, CO 80209
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