238 S Broadway - Storefront Retail/Office FOR SALE


Denver, CO 80209- SoBo
$2,400,000 USD
970-690-0265
238 S Broadway, Denver, CO for Sale
$2,400,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

238 S Broadway
Denver, CO 80209
SoBo


HIGHLIGHTS

  • Iconic 12,988?SF Mixed-Use Corner on South Broadway
  • High-Value Investment with Built-In Distillery Component
  • Exceptional Location in a Trendy, High-Traffic Corridor
  • Rich Historic Character with Modern Upgrades
  • Robust Zoning & Land Use Potential (U-MS-3)
  • Turnkey Passive Income Asset

OVERVIEW

Property Overview: This exceptional multi-tenant retail and office investment offers a rare opportunity to acquire a landmark property in the heart of Denver's South Broadway corridor. The recently vacated distillery space features high-end finishes and existing infrastructure that make it ideal for a restaurant, brewery, cocktail lounge, tasting room, or other high-exposure retail concept. The space is move-in ready and can significantly reduce the time and cost required to open a new business. Furniture, fixtures, and equipment (FF&E) are also available for purchase separately, providing additional flexibility for an owner-user or tenant. The property is anchored by Bardo's Coffee, a well-established neighborhood destination that generates consistent foot traffic throughout the day. A diverse tenant mix creates a vibrant atmosphere while helping drive activity across the property. The upper-level executive office suites provide stable rental income with meaningful value-add potential through future rental rate increases, offering investors the opportunity to grow cash flow over time. Location Overview: South Broadway is one of Denver's most vibrant commercial corridors, known for its eclectic mix of restaurants, boutiques, breweries, entertainment venues, and local retailers. The area attracts a diverse mix of residents and visitors, generating exceptional foot traffic and visibility throughout the day and evening. The property also stands to benefit from the planned redevelopment of Santa Fe Yards near Broadway and I-25, which will feature a 14,500-seat professional women's soccer stadium, entertainment district, public park, restaurants, retail, and mixed-use development. The project is expected to bring significant year-round activity, visitors, and investment to the South Broadway corridor, further enhancing the area's appeal for retailers, restaurants, and service-oriented businesses. Combined with its central location, walkability, convenient RTD access, and proximity to downtown Denver, this property offers an outstanding opportunity for businesses looking to establish themselves in one of Denver's fastest-growing and most active commercial districts.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Imperial Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,946 SF

ZONING

U-MS-3

APN/PARCEL ID

5104-28-036

ASK ABOUT THIS PROPERTY

Jack ReillyTransworld Commercial Real EstateMore Info
970-690-0265

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Jack ReillyTransworld Commercial Real EstateMore Info
970-690-0265

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