15 Iowa AveDenver, CO 80210

  • Retail space
  • 21,497 SF
For Sale
$2,750,000 View listing

Property Details for 15 Iowa Ave

Year built
1920
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
21,497 SF
Zone code
U-MS-3
Property type
Retail space
APN
05227-10-010-000
APU
522710010000

Description

This exceptional investment opportunity presents a free-standing, two-story storefront building totaling 21,258 square feet of net rentable space, situated on a 13,068 square foot lot in Denver, Colorado. Located at 15 E Iowa Ave, 80210, this property boasts a highly desirable location just south of I-25, strategically positioned between Downtown Denver, Cherry Creek, and the Denver Tech Center. The building, constructed in 1920 and extensively renovated in 2023, features six units and is zoned U-MS-3, permitting mixed-use residential, retail, and office configurations. The vacant status allows for complete tenant customization, presenting a unique opportunity for an owner-user or investor to capitalize on the vibrant surrounding area. The property benefits from a high-visibility corner location along South Broadway and East Iowa Avenue, experiencing 32,000 vehicles per day. Its proximity to public transportation, including RTD stations and the Light Rail, enhances its accessibility. The immediate vicinity offers a wealth of amenities, including restaurants, bars, and retail outlets, creating a thriving and convenient environment. The second floor is in shell condition, ready for build-out to suit a variety of needs. This is a rare chance to acquire a renovated, high-traffic storefront in a prime Denver location. The asking price is $2,750,000. The lease type is NNN.

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6877
Longitude
-104.987
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$57,954
$144,520
$603,410
$747,930
-
$644,400
$2,569,500
$3,213,900

FAQs

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