1394 Acoma StDenver, CO 80210

For Sale
$2,245,000

Prime Denver retail space, newly renovated.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a newly renovated, 4,524-square-foot retail storefront located at 1394 S Acoma Street in Denver, Colorado, 80210. The property, built in 1939 and extensively renovated in 2023, boasts a Class B rating and features two units within a single building, currently at 50% occupancy. Unit B is currently leased under a NNN lease expiring September 30, 2025, generating $3,741.50 per month in rent plus NNN expenses. The asking price is $2,245,000, translating to $496.24 per square foot. The property sits on a 6,250-square-foot lot and includes four parking spaces, a rooftop terrace, and a patio area. The building's 2023 renovation encompassed a new roof, mechanical systems, plumbing, windows, and electrical work, along with a striking 30-foot skylight that floods the space with natural light. The I-A zoning permits a variety of uses. Its location, three blocks south of Broadway and I-25, places it conveniently between Downtown Denver, Cherry Creek, and the Denver Tech Center, within a vibrant neighborhood featuring numerous retail outlets, restaurants, and bars. Public transportation, including RTD stations and light rail, is easily accessible. The property's proximity to the Gates development and other amenities, such as Law's Whiskey tasting room, Sprouts, and various restaurants, further enhances its appeal. The property can be utilized as a single, large space or divided into two separate units.

Highlights

  • 2023 Renovation.
  • Four parking spaces plus ample street parking.
  • Complete building systems upgrade in 2023 (roof, HVAC, plumbing, electrical, windows).
  • New 30-foot skylight providing abundant natural light.
  • Unit B leased through September 2025 at $3,741.50/month + NNN.

Property Details for 1394 Acoma St

Property type
Other retail properties, Individual retail properties
Square Feet
4,524 SF
Class
B
Year Built/Renovated
1939/2023
Buildings
1
Stories
2
Units
2

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.691173114705
Longitude
-104.98871432568
1394 Acoma St, Denver, Colorado

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1394 Acoma St
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