Jam Space 1938 S Broadway 2,740 SF 90% Leased Retail Building Denver, CO 80210 $1,660,056 CAD ($605.86 CAD/SF) 6% Cap Rate

Turnkey Music Business + Real Estate Investment
A rare opportunity to acquire both income-producing real estate and an operating creative business in one of Denver’s most dynamic corridors.
Jam Space is a fully built-out, music rehearsal facility featuring private studios, secure access, and recurring monthly income — all housed in a character-rich 1935 freestanding building on South Broadway. (2 buildings)
• Turnkey music practice business included in sale
• 10 private rehearsal studios — each with secure individual access
• 24-hour tenant access — bands rehearse on their schedules
• Private, lockable gear storage closets
• Month-to-month leases — flexible pricing and rapid rent optimization
• 90% occupancy with strong demand
• Minimal management — stable recurring income
Forget laundromats! Music rehearsal space is one of the most overlooked niche asset classes:
• High demand, limited supply
• Sticky tenants (bands don’t like moving gear)
• Short-term leases with long-term occupancy behavior
• Low tenant improvement exposure
• Strong cash flow per square foot
• Culture-driven business with brand equity
South Broadway’s creative energy makes this location irreplaceable.