Imperial Building 238 S Broadway 12,988 SF 77% Leased Retail Building Denver, CO 80209 $3,365,760 CAD ($259.14 CAD/SF)

Property Overview:
This exceptional multi-tenant retail and office investment offers a rare opportunity to acquire a landmark property in the heart of Denver's South Broadway corridor. The recently vacated distillery space features high-end finishes and existing infrastructure that make it ideal for a restaurant, brewery, cocktail lounge, tasting room, or other high-exposure retail concept. The space is move-in ready and can significantly reduce the time and cost required to open a new business. Furniture, fixtures, and equipment (FF&E) are also available for purchase separately, providing additional flexibility for an owner-user or tenant.
The property is anchored by Bardo's Coffee, a well-established neighborhood destination that generates consistent foot traffic throughout the day. A diverse tenant mix creates a vibrant atmosphere while helping drive activity across the property. The upper-level executive office suites provide stable rental income with meaningful value-add potential through future rental rate increases, offering investors the opportunity to grow cash flow over time.
Location Overview:
South Broadway is one of Denver's most vibrant commercial corridors, known for its eclectic mix of restaurants, boutiques, breweries, entertainment venues, and local retailers. The area attracts a diverse mix of residents and visitors, generating exceptional foot traffic and visibility throughout the day and evening.
The property also stands to benefit from the planned redevelopment of Santa Fe Yards near Broadway and I-25, which will feature a 14,500-seat professional women's soccer stadium, entertainment district, public park, restaurants, retail, and mixed-use development. The project is expected to bring significant year-round activity, visitors, and investment to the South Broadway corridor, further enhancing the area's appeal for retailers, restaurants, and service-oriented businesses.
Combined with its central location, walkability, convenient RTD access, and proximity to downtown Denver, this property offers an outstanding opportunity for businesses looking to establish themselves in one of Denver's fastest-growing and most active commercial districts.