7401 1st Ave Denver, CO 80230-6910
This exceptional 13,215-square-foot restaurant property, located at 7401 E 1st Avenue in Denver, Colorado's Lowry neighborhood (zip code 80230), is available for $4,800,000. Built in 2006, this single-building property sits on a substantial 62,074-square-foot lot and is zoned B-3. The property boasts a prime location within the vibrant Lowry community, a mixed-use area offering a high quality of life with easy access to Denver's cultural attractions. Previously home to the Tavern Lowry and Soiled Dove Music Venue, this location comes with a transferrable cabaret license, a significant advantage for any establishment offering live entertainment and alcohol sales. The property is currently vacant, presenting a unique opportunity for a new restaurant or venue concept. Strong area demographics support this venture, with over 336,000 daytime employees and approximately $1.2 billion in consumer spending within a two-mile radius. Fixtures, furniture, and equipment (FF&E) are available for separate purchase. This is a rare chance to acquire a well-situated, established property in a thriving Denver neighborhood. The price per square foot is $363.22.
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The Soiled Dove Underground Theater & Performing Art Venue Music Venue
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ATM Atm
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
B-3 · 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.