Investment Overview
324-334 South Broadway
Denver, Colorado 80209
Premier Owner/User or Investor Opportunity on High-traffic Broadway Corridor
Price: PRICE REDUCED! $2,950,000
Building Size: 11,472 SF
Lot Size: 0.27 Acres
Zoning: MS-2, Denver
Parking: Unmetered street parking available both sides of street, off street parking also available
Stories: 1
Available: Immediately
Occupancy: 25% Occupied, 1 Unit occupied with redevelopment clause
Building Type: Storefront Retail
Unit Sizes: 2,636 SF | 2,678 SF | 3,063 SF | 3,144 SF
Investment Highlights
- Since its acquisition in 2013, ownership has invested approximately $1,750,000 in capital improvements
- New electrical service and wiring
- All new plumbing and HVAC systems
- New roof installed in 2016 with 20-year warranty
- New full storefront replacement
- Interior upgrades including 16 large 8’ x 8’ skylights that provide abundant natural light and a bright, open atmosphere
- Freestanding building with tremendous exposure to Broadway with over 31,000 vehicles per day
- Exceptional signage, visibility & daily traffic counts
- Ideal for medical, dental, wellness, or high-end retail uses
- ±11,472 SF modernized commercial building
- Significant capital improvements completed
- New 60 mil white membrane roof installed in 2016 with 20-year warranty
- Flexible layout – combine or divide spaces as needed
- Current lease terminable upon sale
- Located near the intersection of Alameda and Broadway and just north of the Denver Design Center
- Across from major shopping center & Alameda Light Rail Station
- Great street exposure and surrounding retail area
- Private off-street parking possible
- Unmetered 2-hour street parking + optional lot parking nearby
- Common area restrooms
- Completely renovated 2014-2015 and new roof in 2016
- Walker’s Paradise, Biker’s Paradise and Excellent Transit
- Easy access to I-25 and central Denver