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INVESTMENT HIGHLIGHTS
- Fully renovated in 2024 with $300K in upgrades
- Upstairs suite with private entrance and luxury finishes
- Prominent retail signage and brick façade restoration
- Detached garage converted to showroom with drive-in door
- New HVAC splitters in every room and ADA restroom
EXECUTIVE SUMMARY
Positioned in the heart of Denver’s desirable West Washington Park neighborhood, 704 & 706 S Pearl St offers a rare opportunity to own a fully renovated mixed-use property with flexible configurations for retail, office, and residential use. This charming brick building has undergone a comprehensive $300,000 renovation in 2024, including a new roof, updated plumbing and sewer systems, ADA-compliant restroom, and high-end interior finishes throughout.
The main structure features a street-facing retail showroom with prominent signage, private office space, and a separate residential or office suite upstairs with private access. The upstairs suite boasts hardwood floors, a large shower, kitchenette, stackable washer/dryer hookups, and a new AC split unit—ideal for live/work or boutique office use.
A standout feature is the detached garage, now half converted into a sleek showroom with drive-in access and the other half retained for storage. This flexible space can be retrofitted back into a garage or used for creative commercial applications.
Located just off E Exposition Ave, the property benefits from 1,703 vehicles per day and is surrounded by a vibrant mix of residential homes, local retailers, and walkable amenities. With ample street parking and a two-car driveway, this asset is perfectly suited for owner-users, boutique retailers, or investors seeking a turnkey property in one of Denver’s most walkable and affluent submarkets.
The main structure features a street-facing retail showroom with prominent signage, private office space, and a separate residential or office suite upstairs with private access. The upstairs suite boasts hardwood floors, a large shower, kitchenette, stackable washer/dryer hookups, and a new AC split unit—ideal for live/work or boutique office use.
A standout feature is the detached garage, now half converted into a sleek showroom with drive-in access and the other half retained for storage. This flexible space can be retrofitted back into a garage or used for creative commercial applications.
Located just off E Exposition Ave, the property benefits from 1,703 vehicles per day and is surrounded by a vibrant mix of residential homes, local retailers, and walkable amenities. With ample street parking and a two-car driveway, this asset is perfectly suited for owner-users, boutique retailers, or investors seeking a turnkey property in one of Denver’s most walkable and affluent submarkets.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$8,884
|
$3.97
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,884
|
$3.97
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $8,884 |
| Annual Per SF | $3.97 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,884 |
| Annual Per SF | $3.97 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,239 SF
Building Class
C
Year Built/Renovated
1940/2024
Price
$1,600,000
Price Per SF
$714.60
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.07 AC
Zoning
U-MS-2
Parking
3 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
43’ on Pearl St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Vert Kitchen
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Vert Kitchen | Retailer | - | - | - |
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5156-02-002 | Total Assessment | $112,170 |
| Land Assessment | $33,900 | Annual Taxes | $8,884 ($3.97/SF) |
| Improvements Assessment | $78,270 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
5156-02-002
Land Assessment
$33,900
Improvements Assessment
$78,270
Total Assessment
$112,170
Annual Taxes
$8,884 ($3.97/SF)
Tax Year
2024 Payable 2025
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704-706 S Pearl St
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