1938 S Broadway - Freestanding FOR SALE


Denver, CO 80210- Platt Park
$1,200,000 USD
303-522-6986
1938 S Broadway, Denver, CO for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

NEW


1938 S Broadway
Denver, CO 80210
Platt Park


OVERVIEW

Turnkey Music Business + Real Estate Investment A rare opportunity to acquire both income-producing real estate and an operating creative business in one of Denver’s most dynamic corridors. Jam Space is a fully built-out, music rehearsal facility featuring private studios, secure access, and recurring monthly income — all housed in a character-rich 1935 freestanding building on South Broadway. (2 buildings) • Turnkey music practice business included in sale • 10 private rehearsal studios — each with secure individual access • 24-hour tenant access — bands rehearse on their schedules • Private, lockable gear storage closets • Month-to-month leases — flexible pricing and rapid rent optimization • 90% occupancy with strong demand • Minimal management — stable recurring income Forget laundromats! Music rehearsal space is one of the most overlooked niche asset classes: • High demand, limited supply • Sticky tenants (bands don’t like moving gear) • Short-term leases with long-term occupancy behavior • Low tenant improvement exposure • Strong cash flow per square foot • Culture-driven business with brand equity South Broadway’s creative energy makes this location irreplaceable.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jam Space

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

U-MS-3

APN/PARCEL ID

5271-10-025

ASK ABOUT THIS PROPERTY

Doug NorbergAlchemy Equity Group, LLCMore Info
303-522-6986

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Doug NorbergAlchemy Equity Group, LLCMore Info
303-522-6986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.