Prime S Broadway Corner With Parking

$1,500,000

200 South Broadway, Denver, CO 80209

For Sale

Retail Street Retail

Active

Last Updated: 09/15/2022

Details:

Building Size: 4,188 sqft

Lot Area: 8,324 sqft

Lease Type: Full Service

Year Built: 1901

Price Per Sqft: $358

Zoning: U-MS-3

Tenancy: Multiple

Parking Spots: 12

Gross Leaseable Area: 4,188

Investment Strategy: Value Add

Lease Expire Year: 6/30/2022

Offered by

George Cornelson

Senior Associate

Panorama Commercial Group

#100085322

Request Info to Unlock

Highlights:

Prime S Broadway Corner Property
Ample Parking
Outstanding Visibility
High Pedestrian Traffic
Value Add Opportunity
44,000 + Vehicles Per Day

Description:

Please Do Not Disturb Tenants. Panorama Commercial Group is proud to present an outstanding three-unit retail property with a prime corner location on S Broadway. This building is 4,188 SF and is situated on an 8,324 SF Lot. Parking spaces are scarce in this neighborhood, but this property has great parking with 12 lined spots. This location provides excellent visibility from S Broadway and is a block away from the intersection of Alameda Ave and S Broadway, one of the busiest intersections in town. Both these streets see over 44,000 vehicles per day and provide outstanding exposure for any business.

The current tenant’s leases expire in June 2022 and are below market, so with patience, this can be an outstanding value add opportunity in one of the most sought-after areas of town. The building was built in 1901 and still retains its original character. The structure is well maintained and the three unit set up, with separate meters, allows for plenty of flexibility for future users. Properties like this only come available once in a generation, so do not miss out on your chance to own this exceptional corner S Broadway.