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Financial
Distress signals
Property profile

1620 Wazee St Denver, CO 80202

OFF-MARKET
Turn key restaurants
Property ID
US13-0268202
8,434 SF 0.14 ac lot Built 1946
Last sale Sep 2023 · $2,000,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$56k
Tax billed · 2023
Assessed value$720k
Assessed land$560k
Assessed improvement$161k
Effective rate7.75%

Value estimate

· Oct 2026
$1.67M
$1.50M – $1.84M
AI approach$1.68M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$409/SF
Submarket average, outlier-cleaned · 259 recorded sales of this use type
Observed band · Q1–Q3$251 – $623
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
D-LD
Divisi ON 8 .4 LOWER DOWNTOWN DISTRICT (D-LD) s e cti O N 8.4.1 l O W er DO WN t OWN D istrict 8.4.1.1 General The provisions of this Div...
General categoryCOMMERCIAL
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.2
Butcher8.8
Watch Repair Shop8.2

Location

1620 Wazee St Denver, CO 80202-1314
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1849 Curtis St, Denver, CO 80202-1959 $2,100,000 Oct 2023 8,275 SF
1448 Market, Denver, CO 80202-1707 $4,175,000 Sep 2023 7,764 SF
1525 Blake, Denver, CO 80202-1321 $6,250,000 Jul 2022 11,409 SF
1745 Wazee, Denver, CO 80202-5967 $3,800,000 Aug 2021 7,564 SF
1414 Market, Denver, CO 80202-1707 $2,600,000 Oct 2019 6,756 SF
1600 15th, Denver, CO 80202-1304 $26,481 Oct 2019 7,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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