56 S Broadway - Storefront FOR SALE


Denver, CO 80209- SoBo
$1,650,000 USD
720-530-9070
56 S Broadway, Denver, CO for Sale
$1,650,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

56 S Broadway
Denver, CO 80209
SoBo


HIGHLIGHTS

  • Mixed-Use Ground Floor Retail and Second Floor Residential Apartments
  • Opportunity for Buyer to Occupy First Floor Space
  • Live/Work Possibilities
  • 2 Car Garage and Additional +/-1,000 SF Basement Space
  • Four Second Floor Apartments with Great Income
  • Well Maintained and Cared for Building that Seller has Owned for 25+ Years

OVERVIEW

56 S Broadway is a 5,220 SF mixed use Retail and Multi-Family building located in the heart of the South Broadway corridor at Broadway and Archer Place. South Broadway between 6th Avenue and Alameda Avenue is a thriving, highly desired micro-market with unique mix of restaurants, shops and residential living. The property has a 2,600 SF vacant retail space on the 1st floor that is perfect for a User Buyer to occupy and 4 residential apartments on the 2nd floor that provide supplemental income and consistently stay occupied. The apartments consist of four urban 1 bedroom, 1 bathroom units, all with a historic charm featuring brick walls, hardwood floors, skylights, and clawfoot tubs. The 1st floor space features 12' high ceilings, brick walls, hardwood floors, exposed duct work, a 2 car garage, and an additional +/-1,000 SF of basement space. 56 S Broadway is a great mixed-use (potentially Live-Work) property that provides an additional income stream from the residential units. This offering is a great opportunity for a User Buyer to purchase and occupy their own space in the South Broadway corridor with the added advantage of income from the residential tenants on the 2nd floor.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,121 SF

ZONING

G-MS-5

APN/PARCEL ID

5104-09-037

ASK ABOUT THIS PROPERTY

Brian McKernanUnique Properties, Inc.More Info
720-530-9070

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Brian McKernanUnique Properties, Inc.More Info
720-530-9070

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