66-70 S Broadway - Apartments FOR SALE


Denver, CO 80209- SoBo
$2,800,000 USD
855-706-5241
66-70 S Broadway, Denver, CO for Sale
$2,800,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

66-70 S Broadway
Denver, CO 80209
SoBo


HIGHLIGHTS

  • 66-70 S Broadway is a two-story, 10,400-square-foot mixed-use property of two leased retail units, a flex space with a drive-in, and four apartments.
  • Income-producing with two fully leased retail spaces, opening up value-add opportunities as flex space with drive-in loading is rare in the area.
  • Charming exterior with floor-to-ceiling windows makes an eye-catching impression on the heavy foot traffic and over 23,000 drivers per day.
  • Walkable to beloved local spots like Punch Bowl Social, Dave's Hot Chicken, The Irish Rover, TRVE Brewing Company, Voodoo Doughnut, and more.
  • Affluent area boosts tenant success – an average household income of $111,658/yr contributes to $1.7B in consumer spending within a 2-mile radius.

OVERVIEW

Stake a claim in South Broadway’s rapidly emerging environment with a multifaceted asset just as dynamic as this vibrant neighborhood. 66-70 S Broadway comprises two fully leased retail units, a flex space with a drive-in, and four apartments across two stories. The 10,400-square-foot property sits on approximately 0.14 acres at the heart of South Broadway’s commercial corridor. The walkable, brimming streetscape amplifies foot traffic for retail users and heightens the property’s appeal for apartment renters. 66-70 S Broadway’s flex space is a unique aspect as flex spaces with drive-in loading are rare in this part of town, broadening the potential uses. The asset’s versatility affords buyers unlimited possibilities for value-add improvements, and its sought-after location makes this a great covered land play on top of elevating tenant demand. South Broadway (SoBo) is a key destination for thousands of affluent residents of surrounding neighborhoods, such as Speer and Baker, and commuters in general due to its central positioning. This area has significant interest from affluent professionals as of late, and the mile radius around the property saw its number of households increase by 8.8% from 2020 to 2024. Due to these factors, SoBo is one of the best-performing submarkets as the average vacancy rate across all asset types was only 3.3%, and rent rose 2.9% year-over-year at the outset of 2025. Discover the immense advantages of this vibrant node with an asset positioned to leverage them for success by acquiring 66-70 S Broadway today.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

4

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

G-MS-5

APN/PARCEL ID

05104-09-012-000

ASK ABOUT THIS PROPERTY

855-706-5241

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855-706-5241

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