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Property profile & analytics
OFF-MARKET Estimated value $590,000
Turn key restaurants

99 Broadway Denver, CO 80209-1767

2.28 ac lot Built 2018
Entity Owned Absentee Owner Free & Clear
Property ID
US13-1168980
Property summary
AI-generated overview

This exceptional restaurant space, located at 99 South Broadway in Denver, Colorado, 80209, offers a prime opportunity for a new culinary venture. The property boasts a total of 12,100 square feet, with 4,159 square feet currently vacant and available for lease. Units as small as 1,200 square feet are divisible, making it suitable for a variety of concepts. The space is ideally situated in the vibrant South Broadway District, between two signalized intersections, ensuring high visibility and excellent accessibility. Existing infrastructure includes a chase and grease trap, simplifying the setup for restaurant operations. The building offers dedicated retail parking within a garage, providing ample parking for patrons and staff. This location benefits from a strong existing tenant mix, including Dave's Hot Chicken, Boulder Barbers, Playa Bowl, and 2nd Street, creating a thriving and attractive commercial environment. The property is situated in Denver County, Colorado, and offers a total of 28 parking spaces. This is a rare opportunity to establish a restaurant in a high-traffic, well-established commercial district.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Construction STEEL FRAME
Lot 2.28 ac (99,136 SF)
Zoning code U-MS-3
APN 05103-20-063-000
UPID US13-1168980
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
  • Dave’s Hot Chicken Restaurant
  • ChargePoint Charging Station Electric Vehicle Charging Station
  • CCM Group General Contractor Renovation Specialist
  • Global Social Media Marketing Advertising Agency Marketing & Advertising
  • Mynx Merch Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
MG NEON LOCAL APPARTMENTS LLC
MG NEON LOCAL APPARTMENTS LLC
Zoning & alternative use
U-MS-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

U-MS-3 Main Street 3 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 protect residential neighborhoods within the character of the Urban Neighborhood Context. These regulations allow for some mu…

Zone name Urban Neighborhood Context Main Street 3
General category MIXED_USE
Zone area 286.90 ac
Source Denver Zoning Code
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