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Arapahoe Square 2195-2199 California St 9,870 SF Retail Building Denver, CO 80205 $3,488,000 CAD ($353.39 CAD/SF)



INVESTMENT HIGHLIGHTS
- Free-standing brick building has solar panels, high barrel ceilings and unique interior fixtures and finishes
- Corner of California and 22nd Streets in the center of Denver’s Arapahoe Square, deemed “Downtown Denver’s Next Great Neighborhood”
- Has a Hotel/Restaurant Liquor License with All Ages Cabaret
- Favorable zoning and located near light rail
- Immediate access to several arterial streets such as Broadway, Park Avenue, and 20th Street
- Connects to other neighborhoods such as Downtown, Ballpark, RiNo, and Five Points and Uptown
EXECUTIVE SUMMARY
The 9,870-square-foot venue at 2195-2199 California Street comes with an incredible legacy. It has been home to the iconic Mercury Cafe, a beloved restaurant, bar and performing arts venue. This free-standing brick building has solar panels, high barrel ceilings, as well as unique interior fixtures and finishes. The property enjoys favorable zoning, is located near light rail, and is within an area that is undergoing significant redevelopment.
The property sits on the corner of California and 22nd Streets in the center of Denver’s Arapahoe Square, deemed “Downtown Denver’s Next Great Neighborhood” by the Downtown Denver Partnership. There is immediate access to several arterial streets such as Broadway, Park Avenue, and 20th Street which connects it to other neighborhoods such as Downtown, Ballpark, RiNo, and Five Points and Uptown.
The property has a Hotel/Restaurant Liquor License with All Ages Cabaret. This is an excellent opportunity for a Mercury Cafe successor, other owner/user, investor or developer and the seller will entertain a variety of outcomes.
The property sits on the corner of California and 22nd Streets in the center of Denver’s Arapahoe Square, deemed “Downtown Denver’s Next Great Neighborhood” by the Downtown Denver Partnership. There is immediate access to several arterial streets such as Broadway, Park Avenue, and 20th Street which connects it to other neighborhoods such as Downtown, Ballpark, RiNo, and Five Points and Uptown.
The property has a Hotel/Restaurant Liquor License with All Ages Cabaret. This is an excellent opportunity for a Mercury Cafe successor, other owner/user, investor or developer and the seller will entertain a variety of outcomes.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,870 SF
Building Class
C
Year Built
1949
Price
$3,488,000 CAD
Price Per SF
$353.39 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.62
Lot Size
0.14 AC
Zoning
B8 - B8
Frontage
AMENITIES
- Bus Line
- Commuter Rail
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2342-30-017 | Improvements Assessment | $393 CAD |
| Land Assessment | $799,453 CAD | Total Assessment | $799,846 CAD |
PROPERTY TAXES
Parcel Number
2342-30-017
Land Assessment
$799,453 CAD
Improvements Assessment
$393 CAD
Total Assessment
$799,846 CAD
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Arapahoe Square | 2195-2199 California St
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