56 S Broadway 5,220 SF 50% Leased Retail Building Denver, CO 80209 $1,495,000 ($286.40/SF)

56 S Broadway is a 5,220 SF mixed use Retail and Multi-Family building located in the heart of the South Broadway corridor at Broadway and Archer Place. South Broadway between 6th Avenue and Alameda Avenue is a thriving, highly desired micro-market with unique mix of restaurants, shops and residential living.
The property has a 2,600 SF vacant retail space on the 1st floor that is perfect for a User Buyer to occupy and 4 residential apartments on the 2nd floor that provide supplemental income and consistently stay occupied. The apartments consist of four urban 1 bedroom, 1 bathroom units, all with a historic charm featuring brick walls, hardwood floors, skylights, and clawfoot tubs. The 1st floor space features 12' high ceilings, brick walls, hardwood floors, exposed duct work, a 2 car garage, and an additional +/-1,000 SF of basement space.
56 S Broadway is a great mixed-use (potentially Live-Work) property that provides an additional income stream from the residential units. This offering is a great opportunity for a User Buyer to purchase and occupy their own space in the South Broadway corridor with the added advantage of income from the residential tenants on the 2nd floor.