66 S Broadway, Denver, CO 80209
For Sale
1 / 8
This exceptional mixed-use property, located at 66-70 S Broadway in Denver, Colorado, presents a compelling investment opportunity. The 10,400 square foot building, constructed in 1924 and renovated in 2007, boasts a prime location in the vibrant Denver market. The two-story structure features seven units, including four apartments and two fully leased retail spaces, plus additional flex space. The current asking price is $2,800,000, translating to a price per square foot of $269.23. The property is zoned G-MS-5, allowing for future development potential. All four tenants are under a NNN lease structure, commencing September 1st, 2024. This multi-tenant setup provides a diversified income stream and inherent stability. The building's rich history and strategic location on South Broadway offer significant upside potential for investors seeking a strong return on investment in a rapidly growing area of Denver. The property's solid tenant occupancy and favorable lease terms make it an attractive addition to any portfolio. This is a rare chance to acquire a well-maintained, income-producing asset in a highly sought-after Denver location. The property's zoning allows for future expansion or redevelopment, further enhancing its long-term value. Don't miss this opportunity to own a piece of Denver's thriving commercial and residential real estate market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
G-MS-5 · Denver, CODenver. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.