Property profile

277 Broadway Ste 1a Denver, CO 80203

OFF-MARKET
Retail space
Property ID
US13-0682982
4,785 SF 0.09 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,075-square-foot retail space, located at 277 Broadway, Suite C, in Denver's vibrant Baker Neighborhood, presents a unique investment opportunity. Situated within the bustling Baker Commons, this street-level unit boasts two sunlit entrances, ADA-compliant restrooms, and six dedicated off-street parking spaces. Previously occupied by a bank, the space is adaptable to a variety of retail concepts, benefiting from its location amongst thriving businesses such as CorePower Yoga, Huckleberry Roasters, Jaded Beauty, and Adorn Salon & Wellness. The building, constructed in 2000, offers a total of 86,877 square feet and includes elevators. The property is zoned B4 and is part of a single-building complex. The Baker Neighborhood, historically significant and originally homesteaded in the early 1800s, offers a rich history and a dynamic, growing community. This prime location provides excellent visibility and accessibility, making it an ideal space for a business seeking a thriving Denver location. The space's features and location within a successful retail center combine to create a compelling opportunity for a discerning tenant.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction CONCRETE
Total area 4,785 SF
Lot 0.09 ac (3,720 SF)
Zoning code U-MS-5
APN 05102-32-038-038
UPID US13-0682982

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
  • Photography Service (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center
  • Cafe & Coffee Shop
  • Hair Salon
  • Hair Salon Nail Salon

Location

277 Broadway Ste 1a Denver, CO 80203-5903
Denver metro Census 2101 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.01M
Comparable Approach Comparable
$633k
Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

U-MS-5 · Denver, CO
Zoning description

U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is to promote and protec…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $1.6M +0.9%
Commercial (general) $1.6M +0.6%

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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