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1201 Madison St Denver, CO 80206-3439

Retail space Google Maps
3,654 SF 0.1 ac lot Built 1930
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.35M
Range $1.22M – $1.49M (±10%)
Property ID US13-0743051

Property summary

AI-generated overview

This exceptional 3,386 square foot retail building, constructed in 1930, presents a unique leasing opportunity in Denver's desirable Congress Park neighborhood. Located on a prominent hard corner at the intersection of East 12th Avenue and North Madison Street, this single-story building offers excellent visibility and accessibility. The property is zoned U-MS-2 and is currently entirely vacant, providing flexibility for potential tenants. The space is divisible, with two suites available: one measuring 861 square feet and the other 2,525 square feet, allowing for customization to suit various business needs. The landlord will deliver the space in "white box" condition, including new flooring. Additional features include a potential for outdoor patio seating (subject to city approval), ample street parking, and a 268 square foot lower-level area ideal for storage. Rear loading doors provide convenient access for deliveries. This is a rare opportunity to secure a highly visible retail space in a thriving Denver neighborhood.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 3,654 SF
Lot 0.1 ac (4,407 SF)
Zoning code U-MS-2
APN 05011-26-015-000
UPID US13-0743051

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
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.35M

Owner & transaction history

since 2024
Last sale
$1.4M
3 recorded transactions
2024
$1.4M
2024
Price N/A
2012
Price N/A

Zoning & alternative use

U-MS-2 · Denver, CO
Zoning description

U-MS-2 Main Street 2 U-MS-2x Main Street 2x U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A.…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.5M +24.5%
Neighborhood: shopping center $1.2M +0.9%
Commercial (general) $1.2M +0.6%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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