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1487-1491 S Broadway
Denver, CO 80210
Retail with Residence (15 W Florida) · Retail Property For Sale
Investment Highlights
- Below Market based on Price PSF
- Easy access to I-25
- Corner Lot + Residence
- Renovated in 2017
Executive Summary
MIXED-USE INVESTMENT OPPORTUNITY — OVERLAND NEIGHBORHOOD
A rare corner opportunity located on one of Denver’s most sought-after commercial
corridors. This retail/office mixed-use building sits prominently at the intersection
fronting S Broadway in the heart of the Overland Neighborhood, offering excellent
visibility and exposure to consistent street traffic. The property is 100% occupied
with 9 tenants, reflecting a strong, ongoing demand for this corner location that is
surrounded by many eclectic shops, restaurants, and other businesses.
Included in the sale is 15 W Florida Avenue - Adding further value
The offering includes an adjoining 1,250 SF residential property at 15 W Florida Ave
—Currently leased but providing flexibility for owner-occupancy, additional rental
income in the near future. An excellent addition to any investment portfolio
seeking a well-located, multi-tenant asset in one of Denver’s most vibrant
urban neighborhoods.
A rare corner opportunity located on one of Denver’s most sought-after commercial
corridors. This retail/office mixed-use building sits prominently at the intersection
fronting S Broadway in the heart of the Overland Neighborhood, offering excellent
visibility and exposure to consistent street traffic. The property is 100% occupied
with 9 tenants, reflecting a strong, ongoing demand for this corner location that is
surrounded by many eclectic shops, restaurants, and other businesses.
Included in the sale is 15 W Florida Avenue - Adding further value
The offering includes an adjoining 1,250 SF residential property at 15 W Florida Ave
—Currently leased but providing flexibility for owner-occupancy, additional rental
income in the near future. An excellent addition to any investment portfolio
seeking a well-located, multi-tenant asset in one of Denver’s most vibrant
urban neighborhoods.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1901/2017
Price
$2,650,000
Price Per SF
$176.67
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.64
Lot Size
0.21 AC
Zoning
U-MS-3 - Fits the corridor pattern along S Broadway, which is treated as a Main Street commercial spine through Overland — consistent with ground-floor retail
Parking
3 Spaces (0.2 Spaces per 1,000 SF Leased)
Frontage
60’ on South Broadway
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Fenced Lot
- Storage Space
Property Taxes
| Parcel Number | 5222-07-011 | Improvements Assessment | $54,840 |
| Land Assessment | $54,840 | Total Assessment | $54,840 |
Property Taxes
Parcel Number
5222-07-011
Land Assessment
$54,840
Improvements Assessment
$54,840
Total Assessment
$54,840
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