56 S Broadway is a 5,220SF mixed use Retail and Multi-Family building located in the heart of the South Broadway corridor at Broadway & Archer Place. South Broadway between 6th Ave & Alameda Ave is a thriving, highly desired micro-market with unique mix of restaurants, shops and residential living. The property has a 2,600SF vacant retail space on the 1st floor that is perfect for a User Buyer to occupy and 4 residential apartments on the 2nd floor that provide supplemental income & consistently stay occupied. The apartments consist of four urban 1 bedroom, 1 bathroom units, all with a historic charm featuring brick walls, hardwood floors, skylights, & clawfoot tubs. The 1st floor space features 12' ceilings, brick walls, hardwood floors, exposed duct work, a 2 car garage, & an additional +/-1,000 SF of basement space. 56 S Broadway is a great mixed-use (potentially Live-Work) property that provides an additional income stream from the residential units. This offering is a great opportunity for a User Buyer to purchase & occupy their own space in the South Broadway corridor with the added advantage of income from the residential tenants on the 2nd floor.
56 S. Broadway is well located in the South Broadway corridor, one of Denver’s most unique streets featuring an eclectic mix of restaurants, shops, & residential living. There is easy access to the property from I-25, the West Wash Park & Historic Baker District neighborhoods, and the newly developed South Broadway two-way bike lanes right outside the front door of the building. The property has a Walk Score of 97 as well as visibility and exposure to 24,000 vehicles per day on Broadway. The property is within minutes of Downtown Denver, Cherry Creek and the RTD LightRail Station at Broadway and I-25. 56 S. Broadway’s location benefits from an in-demand Retail and Entertainment trade area, a desirable residential leasing market and the high volume of 7 day a week, day & night time foot traffic on South Broadway.
