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Retail with Residence (15 W Florida) 1487-1491 S Broadway 10,106 SF 100% Leased Retail Building Denver, CO 80210 $2,650,000 ($262.22/SF)
Investment Highlights
- Below Market based on Price PSF
- Easy access to I-25
- Corner Lot + Residence
- Renovated in 2023-25
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$202,620
|
$13.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$202,620
|
$13.51
|
| Taxes |
$41,100
|
$2.74
|
| Operating Expenses |
$28,393
|
$1.89
|
| Total Expenses |
$69,493
|
$4.63
|
| Net Operating Income |
$133,127
|
$8.88
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $202,620 |
| Annual Per SF | $13.51 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $202,620 |
| Annual Per SF | $13.51 |
| Taxes | |
|---|---|
| Annual | $41,100 |
| Annual Per SF | $2.74 |
| Operating Expenses | |
|---|---|
| Annual | $28,393 |
| Annual Per SF | $1.89 |
| Total Expenses | |
|---|---|
| Annual | $69,493 |
| Annual Per SF | $4.63 |
| Net Operating Income | |
|---|---|
| Annual | $133,127 |
| Annual Per SF | $8.88 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,106 SF
Building Class
C
Year Built/Renovated
1901/2017
Price
$2,650,000
Price Per SF
$262.22
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
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 (0.3 Spaces per 1,000 SF Leased)
Frontage
60’ on South Broadway
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Fenced Lot
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fortune Cat Barber Shop
- -
- 1,332 SF
- -
- -
- Sacred Heart Collective
- -
- 2,396 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fortune Cat Barber Shop | - | 1,332 SF | - | - | ||
| Sacred Heart Collective | - | 2,396 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $1,821,440 | |
| Land Assessment | $492,440 | Annual Taxes | $41,100 ($4.07/SF) |
| Improvements Assessment | $1,383,840 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$492,440
Improvements Assessment
$1,383,840
Total Assessment
$1,821,440
Annual Taxes
$41,100 ($4.07/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Retail with Residence (15 W Florida) | 1487-1491 S Broadway