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50 W Arizona Ave

18,696 SF Industrial Building Denver, CO 80223 $2,685,000 ($144/SF) 8.08% Cap Rate

Executive Summary

Rare South Broadway infill development, repurpose or user retail/warehouse, with yard. 1915 constructed, two story, brick, block and wood beam structure 1/2 block off of Broadway, just south of I-25. Near the Broadway Station Redevelopment site. Currently used as warehousing space and a live work residential rental unit of approximately 2,870 sqft. Featuring 4 non-conforming bedrooms and 3 bathrooms. Great light and a gorgeous living space. The warehouse spans the entire main floor and the balance of the second floor with the residential unit. There is a drive in door and a low dock door. The yard is approximately 3,125 sqft and gated. The city has given the building 34 parking credits under it's current Zoning uses. Endless possibilities for investment, redevelopment or single user.

Property Facts

Price $2,685,000
Price Per SF $144
Sale Type Investment or Owner User
Cap Rate 8.08%
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.40 AC
Rentable Building Area 18,696 SF
No. Stories 2
Year Built 1915
Tenancy Single
Parking Ratio 0.59/1,000 SF
Clear Ceiling Height 10 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl - A
  • 1,080 SF
  • Flex
  • Full Build-Out
  • Now

2nd Floor Space. Entire Building is shared, creative spaces consisting of caged, lockable areas for each Tenant. Tenants share a front door, first floor restrooms, and first floor drive in door.

  • 2nd Fl - B
  • 725-1,116 SF
  • Flex
  • Full Build-Out
  • Now

2nd Floor Space. Entire Building is shared, creative spaces consisting of caged, lockable areas for each Tenant. Tenants share a front door, first floor restrooms, and first floor drive in door.

  • 2nd Fl-Ste Studio
  • 3,656 SF
  • Office
  • Full Build-Out
  • Feb 2025

Beautiful Live/Work Apartment/Artist Studio. A combination of bedrooms, offices/gallery space, studio space, etc. 1 Main Bedroom with full 5 piece bathroom, 3 flexible spaces that can be used for studio, gallery, or bedroom space, 2 half bathrooms (one with laundry hookups), kitchen, dining room, living room.

Space Size Space Use Condition Available
2nd Fl - A 1,080 SF Flex Full Build-Out Now
2nd Fl - B 725-1,116 SF Flex Full Build-Out Now
2nd Fl-Ste Studio 3,656 SF Office Full Build-Out Feb 2025

2nd Fl - A

Size
1,080 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

2nd Fl - B

Size
725-1,116 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

2nd Fl-Ste Studio

Size
3,656 SF
Space Use
Office
Condition
Full Build-Out
Available
Feb 2025

2nd Fl - A

Size 1,080 SF
Space Use Flex
Condition Full Build-Out
Available Now

2nd Floor Space. Entire Building is shared, creative spaces consisting of caged, lockable areas for each Tenant. Tenants share a front door, first floor restrooms, and first floor drive in door.

2nd Fl - B

Size 725-1,116 SF
Space Use Flex
Condition Full Build-Out
Available Now

2nd Floor Space. Entire Building is shared, creative spaces consisting of caged, lockable areas for each Tenant. Tenants share a front door, first floor restrooms, and first floor drive in door.

2nd Fl-Ste Studio

Size 3,656 SF
Space Use Office
Condition Full Build-Out
Available Feb 2025

Beautiful Live/Work Apartment/Artist Studio. A combination of bedrooms, offices/gallery space, studio space, etc. 1 Main Bedroom with full 5 piece bathroom, 3 flexible spaces that can be used for studio, gallery, or bedroom space, 2 half bathrooms (one with laundry hookups), kitchen, dining room, living room.

Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5222-03-001
Land Assessment
$94,130
Improvements Assessment
$404,500
Total Assessment
$498,630

zoning

Zoning Code A-I (Industrial)
A-I (Industrial)
  • Listing ID: 29443254

  • Date on Market: 9/5/2023

  • Last Updated:

  • Address: 50 W Arizona Ave, Denver, CO 80223

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