Property profile

2400 Broadway Denver, CO 80205

OFF-MARKET
Office Spaces
1,180 SF 0.22 ac lot Built 1980
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Property summary

AI-generated overview

This exceptional 1,180-square-foot office condo at 2400 N Broadway in Denver, CO 80205 presents a unique investment opportunity. Located in a vibrant mixed-use building, this Class B property boasts a prime location within walking distance of numerous businesses, restaurants, entertainment venues, and hotels. Built in 1980 and renovated in 2000, the property features four convenient surface parking spaces. The unit is part of a larger live/work condo complex, offering flexibility for owner-occupancy or lease-up strategies. Zoned R-MU-30, this single-unit property is ideal for a variety of uses, including traditional, executive, or creative office spaces. The asking price is $639,000, and the sale is structured for a 1031 exchange. The 0.22-acre lot sits within a two-story building. While this unit is currently listed as a single space, it can be divided into two separate units and sold individually. Unit features may include an open kitchen with stainless steel appliances, ample storage, ceramic tile flooring, and private bathrooms with showers. One unit also includes a private conference room. This property offers significant upside potential for investors seeking a value-add opportunity with easy access to Denver's central business district.

Property profile

Verified
Property type Office Spaces
Year built 1980
Total area 1,180 SF
Lot 0.22 ac (9,583 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
  • Advertising Agency Marketing & Advertising
  • Advertising Agency Marketing & Advertising
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Car Dealership
  • Wedding Service Photography Service

Location

2400 Broadway Denver, CO 80205
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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