3395 BroadwayEnglewood, CO 80110

Property Details for 3395 Broadway

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

7,280 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1971-34-3-00-019

APU

197134300019

Description

This exceptional retail opportunity is located at 3395 S Broadway in the thriving downtown Englewood area. The property boasts a newly renovated facade and has undergone significant redevelopment, presenting a modern and attractive storefront. Its prime location on Broadway ensures high visibility and accessibility for customers. The space is currently configured for multiple tenants, offering flexibility for businesses of varying sizes. It is divisible into units suitable for one to three separate tenants, providing options for collaborative ventures or individual occupancy. A key feature is the inclusion of a dedicated elevator, enhancing accessibility and convenience for both tenants and customers. Furthermore, a rooftop patio adds a unique amenity, offering potential for outdoor seating or private events, depending on tenant needs and lease agreements. This property presents a rare chance to establish a presence in a vibrant and growing commercial district, benefiting from high foot traffic and a strong local economy. The building's recent upgrades ensure a modern and well-maintained environment, ideal for businesses seeking a high-quality space in a desirable location. Interested parties should inquire about specific unit sizes and lease terms. The property's location in Arapahoe County further underscores its strategic position within a robust and expanding market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,296,412

  6.5%

  $2,119,764

  7%

  $1,968,353

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,515,714

  Geo Method

  $1,515,714

• Alternative Use

  Use

  Valuation

  Residential

  $1,788,100

  Hospitality

  $1,637,890

  Educational

  $1,362,706

  Medical

  $1,409,571

  Retail

  $2,119,764

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.6552

Longitude

-104.988

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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