Property profile

1590 Wynkoop St Denver, CO 80202

OFF-MARKET
Turn key restaurants
Property ID
US13-0866733
12,868 SF 0.08 ac lot Built 1946
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant property, Mercantile Square, presents a unique investment opportunity in Denver's vibrant LoDo district. Located at 1590 Wynkoop St, Denver, CO 80202, this 12,066 square foot building offers a rare chance to occupy a space with significant historical character. Originally constructed in 1896 and extensively renovated in 1996, the building boasts a blend of classic charm and modern functionality. The property is zoned D-LD, providing flexibility for a variety of executive office uses. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to create their ideal workspace. Situated in Denver County, this prime location offers unparalleled access to Denver's bustling downtown core, providing convenient access to transportation, amenities, and a thriving business community. The building's size and layout are ideal for a single tenant seeking a prominent and prestigious address in one of Denver's most sought-after neighborhoods. This is a truly exceptional opportunity to establish a presence in a landmark location. The property's history and prime location make it an ideal space for a business seeking a unique and memorable address.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction WOOD
Total area 12,868 SF
Lot 0.08 ac (3,415 SF)
Zoning code D-LD
APN 02331-13-022-022
UPID US13-0866733

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
  • Apartment Building Apartment Rental Agency
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Hardware & Home Improvement Interior Design
  • Mediation Service
  • Corporate Office

Location

1590 Wynkoop St Denver, CO 80202-1168
Denver metro Census 1704 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

D-LD · Denver, CO
Zoning description

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 Division apply to all lands, uses and structures in the D-LD District. 8.4.1.2 Descrip…

General category COMMERCIAL

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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