For Sale
$1,200,000

246 BroadwayDenver, CO 80209

Denver retail & apartment building, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property at 246 S Broadway in Denver, CO 80209, presents a lucrative investment opportunity. The 3,000 square foot building, constructed in 1898 and extensively renovated in 2024 (and also in 2018), boasts a prime location just off the bustling Alameda and Broadway intersection. The property features a ground floor retail space with impressive 12-foot ceilings, currently vacant, and a second-floor, two-bedroom, one-bathroom apartment (with potential for a third bedroom). The apartment is currently occupied by a month-to-month tenant. The building sits on a 2,973 square foot lot and includes four parking spaces. The property is zoned U-MS-3 and offers strong curb appeal. Its convenient location places it within easy reach of numerous popular businesses, including Illegal Pete's, Bardo Coffee, a post office, Natural Grocers, Burndown Bar, and Voodoo Doughnuts. Currently at 50% occupancy, this two-unit building offers significant upside potential for rental income. The asking price is $1,200,000. This is a unique live-work opportunity in a vibrant Denver neighborhood. The building is a two-story structure with one building.

Highlights

  • Prime mixed-use property at 246 S Broadway, Denver, CO 80209, asking $1,200,000.
  • 3,000 sq ft building on a 2,973 sq ft lot with four parking spaces.
  • Ground floor retail space (vacant, 12-foot ceilings) and a second-floor, two-bedroom, one-bathroom apartment (month-to-month tenant).
  • Recently renovated (2018 & 2024), U-MS-3 zoning.
  • Excellent location near Alameda & Broadway, with nearby amenities including popular restaurants and shops.

Property Details for 246 Broadway

Property type
Retail properties, Mixed-use properties
Square Feet
3,000 SF
Year Built/Renovated
1898/2024
Buildings
1
Stories
2
Units
2

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.712212518111
Longitude
-104.98740543914
246 Broadway, Denver, Colorado

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246 Broadway
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