1201 Madison St Denver, CO 80206-3439
- Retail space
- 3,654 SF
- 0.10 lot acres
Current Use by Public Records
- Wild Flowers / Gift Shop
Property Details for 1201 Madison St
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.10 lot acres
- Property size
- 3,654 SF
- Zone code
- U-MS-2
- Property type
- Retail space
- APN
- 05011-26-015-000
- APU
- 501126015000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,465,000
- 6.5%
- $1,420,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,495,000
- Geo Method
- $1,535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,285,000
- Retail
- $1,160,000
- Mixed-Use
- $1,475,000
- Hospitality
- $1,325,000
- Educational
- $1,425,000
- Residential Income
- $1,140,000
- Energy
- $1,165,000
- Income-Based Land
- $1,150,000
- Food Service
- $1,230,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.946
- Latitude
- 39.7353
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
