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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Turn key restaurants

2364 15th St Denver, CO 80202-1112

3,590 SF 0.06 ac lot Built 1884
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-0874951
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, two-story, 3,590 square foot building situated at the highly desirable corner of 15th and Platte Streets in Denver, Colorado. The property, known as "Mona's Building," is a historic brick structure featuring a renowned local mural. Its prime location offers unparalleled visibility and accessibility, adjacent to the REI CO-OP and in close proximity to I-25 and the vibrant Platte Street. The building is currently 100% occupied by two tenants: Just BE Kitchen, a successful fast-casual restaurant on the first floor, and Boost Pilates, a high-intensity fitness studio on the second floor. This multi-tenant property boasts a Class B designation and operates under a NNN lease structure. The building overlooks the bustling Highland neighborhood, known for its elegant homes, trendy restaurants, and easy access to parks and recreational trails via the Highland Bridge. This is a rare chance to acquire a property in one of Denver's most iconic and sought-after locations, offering strong rental income and significant long-term potential. The property is zoned for both office and retail uses, providing flexibility for future tenants. This is a truly unique opportunity to own a piece of Denver's rich history and vibrant commercial landscape.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1884
Construction WOOD
Total area 3,590 SF
Lot 0.06 ac (2,501 SF)
Zoning code C-MX-5
APN 02333-01-003-000
UPID US13-0874951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Just BE Kitchen - Lohi Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.33M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$1.45M
Owner & transaction history
Globetrotters II LLC · 3 yrs held
Globetrotters II LLC
since 2023
Last sale
$1.5M
2 recorded transactions
2023
$1.5M
2006
Price N/A
Zoning & alternative use
C-MX-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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