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183 W Alameda Ave
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183 W Alameda Ave
1,129 SF Retail Building Denver, CO 80223 £668,045 (£592/SF) 8.48% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Single User Opportunity
- High Traffic Count
- Signage Available
- Prime Location - One block W of Alameda & Broadway
- Existing Tenant with Flexible Lease
- Easy Access to S Broadway and S Santa Fe
EXECUTIVE SUMMARY
Located just one block west of Alameda Ave and Broadway Blvd, this retail property is a great investment opportunity. Built in 1900, this once residential building was converted into a retail store. This location has an abundance of traffic and offers quick access to Downtown via I-25. Property includes off street parking, two bathrooms, and tons of storage. Owner/User possibilities as well.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,129 SF
Building Class
C
Year Built
1900
Price
£668,045
Price Per SF
£592
Net Initial Yield
8.48%
NOI
£56,645
Tenancy
Single
Number of Floors
2
Building FAR
0.25
Lot Size
0.10 AC
Zoning
U-MS-3 - (Cannabis, Office, Retail)
Parking
6 Spaces (5.31 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 5103-33-022 | Improvements Assessment | £20,057 |
Land Assessment | £73,397 | Total Assessment | £93,455 |
PROPERTY TAXES
Parcel Number
5103-33-022
Land Assessment
£73,397
Improvements Assessment
£20,057
Total Assessment
£93,455
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183 W Alameda Ave
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