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    1620 Wazee St Denver, CO 80202

    Sponsored
    For Lease
    $35 SF/Yr ($18,666 /Mo)

    Prime LoDo location, 6,400 sq ft, fully built-out.

    Lot size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,400 square foot restaurant space is ideally situated in Denver's vibrant LoDo neighborhood at 1620 Wazee Street. Boasting a 50-foot storefront, this fully built-out property offers immediate occupancy, minimizing setup time and costs. The space benefits from its prime location, just steps from the 16th Street Mall, ensuring high visibility and significant foot traffic. Its proximity to Union Station, Coors Field, and Ball Arena guarantees a consistent flow of customers, both local and tourist. The B-7 zoning allows for a variety of restaurant concepts. The property sits on a 6,273 square foot lot. With a Walk Score of 94 and a Bike Score of 90, accessibility is unparalleled. This location within the historic and bustling LoDo district, known for its diverse dining and entertainment options, presents a unique opportunity to establish a thriving restaurant business. The lease rate is $35.00 per square foot, NNN. This is a single-tenant space.

    Property Features for 1620 Wazee St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,400 SF
    Total Rate
    18666.67

    Unit(s) available at that property

    Space
    Size
    6,400 SF
    Rate per SF
    $35

    HighLights

    • 6,400± SF of premium restaurant space.
    • 50‑foot storefront in a high‑traffic area.
    • Fully built‑out, ready for immediate occupancy.
    • B‑7 zoning, suitable for various restaurant concepts.
    • Near Union Station, Coors Field, and Ball Arena.
    • High foot traffic in a popular Denver neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Food Market Grocery 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
    -104.9993569
    Latitude
    39.7513435

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    FAQs

    What type of property is this?
    Individual retail property - Prime LoDo location, 6,400 sq ft, fully built-out.
    Where is this individual retail property located?
    The property is located at 1620 Wazee St Denver, CO.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 6,400± SF of premium restaurant space.; 50-foot storefront in a high-traffic area.; Fully built-out, ready for immediate occupancy.
    Request Owner's contact information
    1620 Wazee St Denver, CO 80202
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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
    1620 Wazee St Denver, CO 80202
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