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    112 Kalamath St Denver, CO 80223

    Sponsored
    For Sale
    $4,750,000

    Prime Kalamath St. Mixed-Use Property

    Property size:
    38,315 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional Denver, Colorado redevelopment opportunity presents a 38,315 square foot site with three existing buildings totaling 9,123 square feet. Currently occupied by a restaurant, day spa, and office tenants, generating income, the property is strategically located on Kalamath Street, just before 1st Avenue, boasting excellent visibility and high traffic counts averaging 18,914 vehicles daily. The I-MS-3 zoning permits a wide range of uses, including residential, retail, restaurants, hotels, offices, and light industrial, offering significant flexibility for future development. The property's three buildings sit on four parcels (APN: 05091-21-009-000, 05091-21-008-000, 05091-21-007-000, and 05091-21-024-000) in Denver County, Colorado, zip code 80223. Convenient access to downtown Denver, 6th Avenue, I-25, and the RTD Light Rail (Alameda Station, approximately ½ mile south) enhances its appeal. The 2020 property taxes, paid in 2021, amounted to $25,521.92. This prime location and versatile zoning make this a compelling investment opportunity, priced at $4,750,000.

    Property Features for 112 Kalamath St

    General Information

    Property type
    Restaurants
    Square Feet
    38,315 SF

    Building Details

    Buildings
    3

    HighLights

    • $4,750,000 asking price.
    • 38,315 square foot redevelopment opportunity in Denver, CO.
    • Three existing buildings totaling 9,123 square feet with current income‑producing tenants (restaurant, day spa, and office).
    • I‑MS‑3 zoning allows for diverse uses including residential, retail, restaurants, hotel, office, and light industrial.
    • Located at 112, 114, 118, and 150 Kalamath St, Denver, CO 80223, with excellent access to downtown Denver and major transportation arteries.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9997906
    Latitude
    39.719329

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    FAQs

    What type of property is this?
    Restaurant - Prime Kalamath St. Mixed-Use Property
    Where is this restaurant located?
    The property is located at 112 Kalamath St Denver, CO.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: $4,750,000 asking price.; 38,315 square foot redevelopment opportunity in Denver, CO.; Three existing buildings totaling 9,123 square feet with current income-producing tenants (restaurant, day spa, and office).
    Request Owner's contact information
    112 Kalamath St Denver, CO 80223
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    Denver, CO 80223
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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
    112 Kalamath St Denver, CO 80223
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