Property profile

24 Broadway Denver, CO 80203

OFF-MARKET
Turn key restaurants
Property ID
US13-0440503
11,195 SF 0.14 ac lot Built 1987
Trust Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

A second-generation restaurant space totaling approximately 3,680 rentable square feet is located in the densely populated Baker neighborhood of Denver. The interior includes historic character elements such as tin ceilings, wood doors, exposed brick, and 16-foot-high ceilings. The space has large picture windows providing frontage and visibility toward Broadway, and it includes a full-height, usable basement area of approximately 2,113 square feet. The property is near the RTD Alameda light rail station and is within minutes of downtown Denver, with nearby destinations including the Mayan Theatre and Punch Bowl Social as well as surrounding retail and dining. It is also located near the University of Denver and several nearby neighborhoods including Historic Baker, Country Club, Alamo Placita, Washington Park, Cheeseman Park, Congress Park, Bonnie Brae, and Belcaro, and has a Walk Score of 97 with a Transit Score of 27.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Construction WOOD
Total area 11,195 SF
Lot 0.14 ac (6,122 SF)
Zoning code G-MS-5
APN 05104-08-006-000
UPID US13-0440503

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
  • Bar & Pub Restaurant
  • Medical Clinic
  • Nightclub Music Venue
  • Atm

Location

24 Broadway Denver, CO 80203-3915
Denver metro Census 2802 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
$690k

Owner & transaction history

since 2010
5 recorded transactions
2021
Price N/A
2010
$770,000
2010
Price N/A
2008
Price N/A
2004
Price N/A

Zoning & alternative use

G-MS-5 · Denver, CO
Zoning description

G-MS-5 Main Street 5 SE CTION 6.2.2 RESIDENTIAL DISTRICTS (G-RH-3, G-MU-3 TO -20, G-RO-3, G-RO-5) 6.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protect higher density residential ne…

General category MIXED_USE

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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