1568-1570 S Pearl Street, Denver, CO for sale

Investment Overview

1568-1570 S Pearl Street is a 2,033 SF, single-story, two-storefront retail building on high-volume Old South Pearl Street in Denver's Platt Park neighborhood, one of the city's most established neighborhood retail districts. The property includes a 400 SF single-car garage and two off-street parking spaces, which is rare on this stretch of Pearl. Built in 1911, the building has received more than $185,000 in improvements. 2024-2025 upgrades include replacement windows, new LVT flooring and LED lighting, a new furnace and water heaters, new evaporative coolers, roof and skylight repairs, an updated electrical panel, and structural reinforcement. 2026 improvements include a full sewer line replacement and exterior grading/water mitigation. Separate addresses, electrical panels, and water heaters allow a buyer to operate one combined store or two individual storefronts. The current lease expires December 31, 2026, positioning the building for an owner-user or re-leasing at market rents. The property is approximately 0.4 miles from the Louisiana-Pearl RTD light rail station with quick access to I-25, Washington Park, and the University of Denver. Offered as-is at $1,499,999 ($738/SF); SBA financing available. Also available for lease at $46.50/SF NNN with estimated operating expenses of $15.10/SF.

Investment Highlights

• Retail storefront in high-volume Old South Pearl Street
• Current lease expires December 31, 2026
• $185,000+ in improvements | 2024-2025: windows, flooring, HVAC, roof, electrical, structural reinforcement 2026: full sewer line replacement and exterior grading/water mitigation.
• 0.4 mi to Louisiana-Pearl light rail; minutes to I-25 and Washington Park
• 400 SF single-car garage plus two off-street parking spaces
• Two addresses w/ separate panels & water heaters - one or two storefronts
• Forced-air gas furnace; evaporative coolers; new LVT and LED lighting
• *Built-in shelving is not included with the sale.