246 BroadwayDenver, CO 80209

Property Details for 246 Broadway

Year built

1898

Construction

WOOD

Lot size

0.07 AC

Property size (Sq ft)

3,501 SF

Zone code

U-MS-3

Property type

Other commercial real estate

APN

05104-28-042-000

APU

510428042000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $859,909

  Hospitality

  $787,672

  Educational

  $655,334

  Medical

  $677,872

  Retail

  $1,019,409

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7121

Longitude

-104.987

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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