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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
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