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Retail with Residence (15 W Florida) 1487-1491 S Broadway 10,106 SF 100% Leased Retail Building Denver, CO 80210 $3,654,191 CAD ($361.59 CAD/SF)
Investment Highlights
- Below Market based on Price PSF
- Easy access to I-25
- Corner Lot + Residence
- Renovated in 2023-25
Executive Summary
MIXED-USE INVESTMENT OPPORTUNITY — OVERLAND NEIGHBORHOOD
A rare corner opportunity located on one of Denver’s most sought-after commercial
corridors. This retail/office mixed-use building sits prominently at the intersection
fronting S Broadway in the heart of the Overland Neighborhood, offering excellent
visibility and exposure to consistent street traffic. The property is 100% occupied
with 9 tenants, reflecting a strong, ongoing demand for this corner location that is
surrounded by many eclectic shops, restaurants, and other businesses.
Included in the sale is 15 W Florida Avenue - Adding further value
The offering includes an adjoining 1,250 SF residential property at 15 W Florida Ave
—Currently leased but providing flexibility for owner-occupancy, additional rental
income in the near future. An excellent addition to any investment portfolio
seeking a well-located, multi-tenant asset in one of Denver’s most vibrant
urban neighborhoods.
A rare corner opportunity located on one of Denver’s most sought-after commercial
corridors. This retail/office mixed-use building sits prominently at the intersection
fronting S Broadway in the heart of the Overland Neighborhood, offering excellent
visibility and exposure to consistent street traffic. The property is 100% occupied
with 9 tenants, reflecting a strong, ongoing demand for this corner location that is
surrounded by many eclectic shops, restaurants, and other businesses.
Included in the sale is 15 W Florida Avenue - Adding further value
The offering includes an adjoining 1,250 SF residential property at 15 W Florida Ave
—Currently leased but providing flexibility for owner-occupancy, additional rental
income in the near future. An excellent addition to any investment portfolio
seeking a well-located, multi-tenant asset in one of Denver’s most vibrant
urban neighborhoods.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$279,401
|
$18.63
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$279,401
|
$18.63
|
| Taxes |
$56,674
|
$3.78
|
| Operating Expenses |
$39,152
|
$2.61
|
| Total Expenses |
$95,827
|
$6.39
|
| Net Operating Income |
$183,574
|
$12.24
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $279,401 |
| Annual Per SF | $18.63 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $279,401 |
| Annual Per SF | $18.63 |
| Taxes (CAD) | |
|---|---|
| Annual | $56,674 |
| Annual Per SF | $3.78 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $39,152 |
| Annual Per SF | $2.61 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $95,827 |
| Annual Per SF | $6.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $183,574 |
| Annual Per SF | $12.24 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,106 SF
Building Class
C
Year Built/Renovated
1901/2017
Price
$3,654,191 CAD
Price Per SF
$361.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.21 AC
Zoning
U-MS-3 - Fits the corridor pattern along S Broadway, which is treated as a Main Street commercial spine through Overland — consistent with ground-floor retail
Parking
3 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
60’ on South Broadway
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Fenced Lot
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fortune Cat Barber Shop
- -
- 1,332 SF
- -
- -
- Sacred Heart Collective
- -
- 2,396 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fortune Cat Barber Shop | - | 1,332 SF | - | - | ||
| Sacred Heart Collective | - | 2,396 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $2,511,656 CAD | |
| Land Assessment | $679,045 CAD | Annual Taxes | $56,674 CAD ($5.61 CAD/SF) |
| Improvements Assessment | $1,908,232 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$679,045 CAD
Improvements Assessment
$1,908,232 CAD
Total Assessment
$2,511,656 CAD
Annual Taxes
$56,674 CAD ($5.61 CAD/SF)
Tax Year
2025
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Retail with Residence (15 W Florida) | 1487-1491 S Broadway
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