Property profile

1955 Arapahoe St Denver, CO 80202

FOR LEASE
Retail residential properties
Property ID
US13-1230409
182,759 SF 0.64 ac lot Built 1981
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Ground-floor commercial space is located in Downtown Denver within the Central Business District, adjacent to residential and business uses and near Coors Field and the Colorado Convention Center. The space sits within the Halcyon House Apartments, a mixed-use senior (62+) affordable community with 197 units, and is configured to accommodate approximately 1,512 to 3,000 square feet, with the option to combine contiguous areas. Parking for nine vehicles is located behind the building. The property includes a recently installed HVAC system. The current zoning is D-C, UO-1. The space was formerly used as a dental office and retains existing dental build-out/infrastructure, while also being suited for a variety of other commercial uses consistent with zoning and layout requirements.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1981
Construction CONCRETE
Total area 182,759 SF
Lot 0.64 ac (27,719 SF)
Zoning code D-C
APN 02345-06-047-000
UPID US13-1230409

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 Complex
  • Dental Office
  • Community Center
  • Dental Office
  • Dental Office

Location

1955 Arapahoe St Denver, CO 80202
Denver metro DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$23.83M
Blend (final) Blend
$17.42M

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2018
Price N/A

Zoning & alternative use

D-C · Denver, CO
Zoning description

D-C; D-TD Maximum Number Each use may have the greater number of the following: 5 signs; or 3 signs for each front line of the zone lot on which the use by right or conditional use is located. Ground level uses by right…

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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More about this property
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