487 BroadwayDenver, CO 80209

Property Details for 487 Broadway

Year built

1994

Construction

STEEL FRAME

Lot size

4.13 AC

Property size (Sq ft)

30,805 SF

Zone code

C-MX-16

Property type

Super regional malls

APN

05152-05-025-000

APU

515205025000

Description

This exceptional retail space, located at 487 S Broadway, Suite 300 in Denver, Colorado, presents a fantastic leasing opportunity. Situated in Denver County, this property boasts a prime location within a bustling commercial district. The suite offers 1,365 square feet of versatile space, perfect for a variety of retail businesses. The larger building totals 39,205 square feet and was constructed in 1993, indicating a well-established presence in the area. The property's multiple tenancy structure suggests a vibrant and diverse community of businesses. The address, 487 S Broadway, places the suite in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This is an ideal opportunity for businesses seeking a well-established location with significant foot traffic in the heart of Denver. The zip code is 80209. The property is currently available for lease and offers a chance to establish or expand your retail presence in a thriving Denver market. The property type is retail, and the commercial subtype indicates its suitability for a wide range of businesses. This space is ready for immediate occupancy. Don't miss this chance to secure a prominent location in a dynamic Denver neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $7,873,640

  6.5%

  $7,267,970

  7%

  $6,748,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,646,910

  Geo Method

  $2,646,910

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $14,518,100

  Mixed-Use / Specialty

  $7,102,730

  Hospitality / Lodging

  $5,029,640

  Office

  $6,915,410

  Institutional / Educational

  $7,334,180

  Residential Income

  $8,580,990

  Multifamily

  $11,064,000

  Automotive / Energy

  $6,286,440

  Parking / Income-Based Land

  $2,307,030

  Restaurant / Food Service

  $3,396,820

  Healthcare / Senior Housing

  $7,426,600

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.708

Longitude

-104.991

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].