472 N Broadway, Denver, CO, 80203

472 N Broadway Denver, CO 80203

472 N Broadway, Denver, CO, 80203
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FOR SALE
Property Type:
Street Retail
Amount:
$1,365,000
Last Verified:
Nov 14, 2024

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Highlights

  • • Excellent Street Visibility
  • • Rare Drive-through
  • • Superior Traffic Counts
  • • Owner / User or Investment
  • • Income producing Billboard
  • • Densely populated near highways and public transport

Description

Prime retail property offering 1,378 SF of space, set in the sought-after Denver area. With its inviting storefront and ample space for showcasing products, 472 Broadway presents a compelling investment opportunity in one of Denver's most coveted retail districts. The current tenant will be out by December 1, 2024 but are paying rent through February 2025. The billboard produces income and will be available for new lease negotiations at the end of the current term.

Located in the heart of Denver, the area surrounding the property is a vibrant hub of business and culture. Convenient access to major highways and public transportation, and located on the main artery into Denver's CBD, the area is an ideal destination for retail investors seeking a dynamic and well-connected location.


Year Built: 1988
Building Size: 1378sq ft
Lot Size: 0.22 acres


Documents

472 N Broadway - OM

Map of 472 N Broadway, Denver, CO, 80203

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.