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531-545 Broadway 40,023 SF 17% Leased Retail Building Denver, CO 80203 $6,750,000 ($168.65/SF)
Executive Summary
Over 40,000+ square feet on one of Denver’s most visible commercial corridors, 531 N Broadway offers exceptional flexibility for redevelopment or adaptive reuse. The property is currently operated as a mini-storage facility with two small street-level retail tenants, and is perfectly positioned for a buyer looking to modernize the existing structure or take full advantage of the 8-story zoning for a transformative vertical project.
The building features four drive-in doors—two from Broadway and two from the alley—plus tall ceilings and dual access points. The upper level includes a Broadway entrance, while the lower level is accessed from the alley, creating natural separation for multi-tenant configurations, creative office, warehouse-style uses, or future mixed-use concepts.
This central location places the property at the intersection of Baker, West Wash Park, the Santa Fe Arts District, and South Broadway, surrounded by high-demand amenities. Quick access to Downtown, Speer Blvd, and I-25 enhances connectivity for commuters, customers, and future tenants.
With its scale, access, zoning, and high-visibility frontage, 531 N Broadway is a standout opportunity for developers, investors, and owner-users seeking long-term upside in one of Denver’s most dynamic commercial areas.
Please do not disturb tenants.
The building features four drive-in doors—two from Broadway and two from the alley—plus tall ceilings and dual access points. The upper level includes a Broadway entrance, while the lower level is accessed from the alley, creating natural separation for multi-tenant configurations, creative office, warehouse-style uses, or future mixed-use concepts.
This central location places the property at the intersection of Baker, West Wash Park, the Santa Fe Arts District, and South Broadway, surrounded by high-demand amenities. Quick access to Downtown, Speer Blvd, and I-25 enhances connectivity for commuters, customers, and future tenants.
With its scale, access, zoning, and high-visibility frontage, 531 N Broadway is a standout opportunity for developers, investors, and owner-users seeking long-term upside in one of Denver’s most dynamic commercial areas.
Please do not disturb tenants.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$124,125
|
$2.58
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$124,125
|
$2.58
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $124,125 |
| Annual Per SF | $2.58 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $124,125 |
| Annual Per SF | $2.58 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
40,023 SF
Building Class
C
Year Built
1925
Price
$6,750,000
Price Per SF
$168.65
Percent Leased
17%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.70
Lot Size
0.54 AC
Zoning
C-MS-8 - C-MS-8. Able to build up to 8 stories. (Zoning to be verified by buyer)
Frontage
151’ on Broadway St
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Transportation and Warehousing
- -
- -
- -
- Denver Phone Repairs
- Services
- -
- -
- -
- Studio It Inc
- Retailer
- -
- -
- -
- Tandem Cycle Works
- Retailer
- -
- -
- -
- Waters Esteban Foundation
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Transportation and Warehousing | - | - | - | ||
| Denver Phone Repairs | Services | - | - | - | ||
| Studio It Inc | Retailer | - | - | - | ||
| Tandem Cycle Works | Retailer | - | - | - | ||
| Waters Esteban Foundation | Professional, Scientific, and Technical Services | - | - | - |
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5102-01-039 | Total Assessment | $1,401,570 |
| Land Assessment | $540,000 | Annual Taxes | $124,125 ($3.10/SF) |
| Improvements Assessment | $540,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
5102-01-039
Land Assessment
$540,000
Improvements Assessment
$540,000
Total Assessment
$1,401,570
Annual Taxes
$124,125 ($3.10/SF)
Tax Year
2025
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531-545 Broadway
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