183 W Alameda Ave
1,129 SF Retail Building Denver, CO 80223 $840,000 ($744.02/SF) 8.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Single User Opportunity
- High Traffic Count
- Signage Available
- Prime Location - One block W of Alameda & Broadway
- Existing Tenant with Flexible Lease
- Easy Access to S Broadway and S Santa Fe
EXECUTIVE SUMMARY
Located just one block west of Alameda Ave and Broadway Blvd, this retail property is a great investment or owner/user opportunity. Built in 1900, this once residential building was converted into a retail store. This location has an abundance of traffic and offers quick access to Downtown via I-25. Property includes off street parking, two bathrooms, signage, and tons of storage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,129 SF
Building Class
C
Year Built
1900
Price
$840,000
Price Per SF
$744.02
Cap Rate
8.48%
NOI
$71,225
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Lot Size
0.10 AC
Zoning
U-MS-3 - (Cannabis, Office, Retail)
Parking
6 Spaces (5.31 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5103-33-022 | Improvements Assessment | $25,220 |
| Land Assessment | $92,290 | Total Assessment | $117,510 |
