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1501-1503 BOULDER St
Denver, CO 80211
Union Block · Retail Property For Sale

Investment Highlights

  • Denver’s Premier Neighborhood - Union Block is found in the heart of the most sought-after and trendiest neighborhood – the Lower Highlands (“LoHi”).
  • Adjacent to Downtown Denver – Downtown Denver is an entertainment and employment hub with over 44.5M SF of office space and 184,400 jobs.
  • Access to Recreation – Residents are able to enjoy the great outdoors with accessibility to Confluence Park, Commons Park, and more.
  • Minutes from Platte Street – Union Block is within walking distance to the rapidly expanding Platte Street Office Corridor.
  • Walkable to Union Station – Union Block is situated just minutes from Union Station, one of the most high-profile urban redevelopment projects.
  • The Denver Northwest submarket is one of the strongest in the nation. Vacancy in the fourth quarter of 2019 reached 5.95%, down 7.6% year-over-year*.

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,632 SF
Building Class
C
Year Built
1891
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.92
Lot Size
0.06 AC
Zoning
C-MX-5 - C-MX-5
Frontage
200’ on Umatilla St

About 1501-1503 BOULDER ST , DENVER, CO 80211

Newmark Knight Frank Multifamily is pleased to present Union Block, a mixed-use asset at “Main & Main” of the trendy Lower Highlands “LoHi” neighborhood. The character and charm of the property is irreplaceable as it sits perched above the “Gateway” to Northwest Denver consisting of many of Denver’s most desirable neighborhoods – LoHi, Highlands, Jefferson Park, Berkeley, Regis and Sunnyside. Located at the confluence of 15th St., Boulder St., Umatilla St. and W. 29th Ave., Union Block is walking distance to downtown and Confluence Park – where Denver began. Built in 1891 with recent renovations, Union Block is considered LoHi’s Crown Jewel and a distinctive Denver landmark located at the apex of a select handful of buildings in the Old Highlands Business District. The property is currently 100% leased consisting of 4 apartment units above 2,286 square feet of retail. Each apartment at Union Block features its own unique floorplan with ample natural light, charming touches including exposed brick & original woodwork*, all tastefully paired with newer high-end finishes* that retain the historic charm of the building. Additionally, the property has recently received a number of upgrades to the plumbing and electric systems including 200 Amp service to retail spaces. Union Block is within walking distance of Denver’s most popular restaurants, shopping, coffee houses, nightlife, and city attractions including the iconic Highland Pedestrian Bridge. The location boasts an impressive WalkScore of 94, which makes it a “Walker’s Paradise” meaning that most daily errands can be accomplished on foot. Nearby parks provide abundant opportunities for recreation. Confluence Park, Commons Park, Hirshorn Park, Centennial Gardens, Highland Park, and Jefferson Park many of which host live music, organized race events, food trucks, and countless biking and walking paths. *In Select Units

Property Taxes

Property Taxes

Parcel Number
2283-18-018
Land Assessment
$405,000
Improvements Assessment
$1,539,000
Total Assessment
$1,944,000
  • Listing ID: 18405463

  • Date on Market: 2/4/2020

  • Last Updated:

  • Address: 1501-1503 BOULDER St, Denver, CO 80211

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