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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

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
Storefront
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Chase
Natural Grocers
Safeway
Starbucks
Twisted Root Burger Co.
Snooze an A.M. Eatery
KeyBank
9Round
Noodles & Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5103-33-022
Land Assessment
£73,397
Improvements Assessment
£20,057
Total Assessment
£93,455
  • Listing ID: 33589443

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 183 W Alameda Ave, Denver, CO 80223

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