Property profile

938 8Th Ave Denver, CO 80204

OFF-MARKET
Retail properties & Spaces
30,443 SF 0.7 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 1,585-square-foot storefront space is ideally situated in Denver's vibrant Arts District on Santa Fe Drive, at 938 West 8th Avenue. The property, part of a larger 30,443-square-foot building constructed in 1960 and renovated in 2010, offers a single-tenant occupancy in a one-story structure. Its C-MS-5 zoning allows for diverse uses, making it suitable for retail or office purposes, including traditional office, executive office, coworking, or creative office spaces. The location boasts excellent curb appeal, prominent signage opportunities, and high visibility, benefiting from over 36,000 vehicles passing daily. Three reserved off-street parking spaces are included—a rare amenity in this area. Its central Denver location provides easy access to 6th Avenue, I-25, and Downtown, as well as proximity to the Light Rail and courthouses. Numerous restaurants and bars are within walking distance, making it perfect for businesses seeking a lively and convenient environment. The property sits on 0.7 acres of land and is an excellent opportunity for businesses looking to capitalize on the high foot traffic and visibility of the Arts District, particularly during First Friday events. This space is perfect for a coffee shop, bakery, art gallery, architect, designer, advertising agency, sales office, or similar businesses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960
Total area 30,443 SF
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Alternative Medicine Practice Spiritual Center

Location

938 8Th Ave Denver, CO 80204
Denver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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