Homes for sale - 56 S Broadway, Denver, CO 80209

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David Danek & Austin Reifsteck

david@redteamcolorado.com +1(720) 989-1798

$ 1,650,000

Est. payment | -/mo

3,049 SqFt

Save

$ 1,650,000

Est. payment | -/mo

Save

3,049 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,049 sqft

Price per Sqft $541

MLS Listing ID 3655032

HOA Y/N No

Year Built 1900

Annual Tax Amount $21,043

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Multi Family

Source recolorado

Property Description

56 S Broadway is a 5,220SF mixed use Retail and Multi-Family building located in the heart of the South Broadway corridor at Broadway & Archer Place. South Broadway between 6th Ave & Alameda Ave is a thriving, highly desired micro-market with unique mix of restaurants, shops and residential living. The property has a 2,600SF vacant retail space on the 1st floor that is perfect for a User Buyer to occupy and 4 residential apartments on the 2nd floor that provide supplemental income & consistently stay occupied. The apartments consist of four urban 1 bedroom, 1 bathroom units, all with a historic charm featuring brick walls, hardwood floors, skylights, & clawfoot tubs. The 1st floor space features 12' ceilings, brick walls, hardwood floors, exposed duct work, a 2 car garage, & an additional +/-1,000 SF of basement space. 56 S Broadway is a great mixed-use (potentially Live-Work) property that provides an additional income stream from the residential units. This offering is a great opportunity for a User Buyer to purchase & occupy their own space in the South Broadway corridor with the added advantage of income from the residential tenants on the 2nd floor.
56 S. Broadway is well located in the South Broadway corridor, one of Denver's most unique streets featuring an eclectic mix of restaurants, shops, & residential living. There is easy access to the property from I-25, the West Wash Park & Historic Baker District neighborhoods, and the newly developed South Broadway two-way bike lanes right outside the front door of the building. The property has a Walk Score of 97 as well as visibility and exposure to 24,000 vehicles per day on Broadway. The property is within minutes of Downtown Denver, Cherry Creek and the RTD LightRail Station at Broadway and I-25. 56 S. Broadway's location benefits from an in-demand Retail and Entertainment trade area, a desirable residential leasing market and the high volume of 7 day a week, day & night time foot traffic on South Broadway.

Location

State CO

County Denver

Zoning G-MS-5

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected

Roof Type Membrane

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition None

Listed by Unique Properties LLC

Making real estate fun, simple and stress-free!

+1(720) 989-1798

david@redteamcolorado.com

7830 W. Alameda Ave # 103-450, Lakewood, CO, 80226

56 S Broadway Denver, CO 80209