1111 Pierce St Lakewood, CO 80232-5633
This 7,134 square foot multi-use property located at 1111 S. Pierce St, Denver, CO 80232, presents a unique value-add investment opportunity. Situated on a 0.82-acre lot at a hard corner, this building boasts 28 parking spaces and is zoned M-N-U (Lakewood). Built in 1984, the property currently functions as two independent recording studios, each designed for optimal acoustics, along with approximately 2,300 square feet of office/retail showroom space. Its adaptable layout offers significant potential for various uses, including daycare, restaurant, or executive office space. The property's location, approximately half a mile from S. Wadsworth Blvd and W. Mississippi Ave, provides excellent visibility and accessibility. The existing structure offers buyers the advantage of pre-existing acoustically treated space and enhanced security features. This property is ideal for owner-users seeking specialized space or investors/developers looking to capitalize on its versatile zoning and prime location in Denver, Colorado. The asking price is $960,000.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.