Log In/Sign Up
Your email has been sent.
2246 Larimer St 7,096 SF 100% Leased Retail Building Denver, CO 80205 $4,803,361 CAD ($676.91 CAD/SF) 5.98% Cap Rate
EXECUTIVE SUMMARY
2246 Larimer Street is a 7,096-square-foot, two-story retail property situated on a 0.22-acre parcel in the heart of Denver’s Ballpark District. Zoned C-MX-8, the property allows for up to eight stories of future development and sits just two blocks from Coors Field and adjacent to the original Snooze restaurant.
Originally built in 1970, the property has undergone comprehensive renovations over the past few years, with additional upgrades currently underway to create an event space in the rear of the building. The interior features an elegant, modern design with a full bar and open lounge area ideal for cocktails and small gatherings. A private courtyard offers a rare outdoor dining experience in an urban environment, complemented by secured, on-site parking—a valuable amenity in downtown Denver.
The property includes a commercial kitchen and is currently leased to a single tenant with four years remaining on a lease, providing near-term income stability. Combined with 2252 Larimer, these properties offer a fully occupied, cash-flowing asset in a prime location with a strong anchor tenant and long term redevelopment potential.
Can be purchased together with adjacent 2252 Larimer St.
Originally built in 1970, the property has undergone comprehensive renovations over the past few years, with additional upgrades currently underway to create an event space in the rear of the building. The interior features an elegant, modern design with a full bar and open lounge area ideal for cocktails and small gatherings. A private courtyard offers a rare outdoor dining experience in an urban environment, complemented by secured, on-site parking—a valuable amenity in downtown Denver.
The property includes a commercial kitchen and is currently leased to a single tenant with four years remaining on a lease, providing near-term income stability. Combined with 2252 Larimer, these properties offer a fully occupied, cash-flowing asset in a prime location with a strong anchor tenant and long term redevelopment potential.
Can be purchased together with adjacent 2252 Larimer St.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$410,660
|
$57.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$410,660
|
$57.87
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $410,660 |
| Annual Per SF | $57.87 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $410,660 |
| Annual Per SF | $57.87 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,096 SF
Building Class
B
Year Built/Renovated
1970/2020
Price
$4,803,361 CAD
Price Per SF
$676.91 CAD
Cap Rate
5.98%
NOI
$287,241 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.73
Lot Size
0.22 AC
Zoning
C-MX-8
Parking
6 Spaces (0.85 Spaces per 1,000 SF Leased)
Frontage
80’ on Larimer St
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Magnolia Hall Event Venue
- Arts, Entertainment, and Recreation
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Magnolia Hall Event Venue | Arts, Entertainment, and Recreation | - | - | Triple Net | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2342-22-004 | Improvements Assessment | $509,903 CAD |
| Land Assessment | $381,963 CAD | Total Assessment | $891,866 CAD |
PROPERTY TAXES
Parcel Number
2342-22-004
Land Assessment
$381,963 CAD
Improvements Assessment
$509,903 CAD
Total Assessment
$891,866 CAD
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2246 Larimer St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.