15 Iowa Ave 25 Denver, CO 80210-2615
This exceptional investment opportunity presents a free-standing, two-story storefront building totaling 21,258 square feet of net rentable space, situated on a 13,068 square foot lot in Denver, Colorado. Located at 15 E Iowa Ave, 80210, this property boasts a highly desirable location just south of I-25, strategically positioned between Downtown Denver, Cherry Creek, and the Denver Tech Center. The building, constructed in 1920 and extensively renovated in 2023, features six units and is zoned U-MS-3, permitting mixed-use residential, retail, and office configurations. The vacant status allows for complete tenant customization, presenting a unique opportunity for an owner-user or investor to capitalize on the vibrant surrounding area. The property benefits from a high-visibility corner location along South Broadway and East Iowa Avenue, experiencing 32,000 vehicles per day. Its proximity to public transportation, including RTD stations and the Light Rail, enhances its accessibility. The immediate vicinity offers a wealth of amenities, including restaurants, bars, and retail outlets, creating a thriving and convenient environment. The second floor is in shell condition, ready for build-out to suit a variety of needs. This is a rare chance to acquire a renovated, high-traffic storefront in a prime Denver location. The asking price is $2,750,000. The lease type is NNN.
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L.N.Greenleaf Lodge #169 Volunteer Organization Community Center
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South Gate Masonic Lodge Volunteer Organization Community Center
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
U-MS-3 · Denver, CODenver. Always verify with local authorities before improvements.
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.