66-70 South Broadway is a value-add mixed-use building located on trendy South Broadway and in the West Washington Park neighborhood of Denver.
Renovating the apartments, finishing the upstairs loft (and potentially making it a fourth unit or amenity for the apartments), and leasing the remaining
retail square footage will result in much higher returns in an area of Denver that is booming and poised for further expansion. The retail space on the first floor is currently 72% occupied by men's clothing and theater companies. Some of 66 South Broadway space has 20' ceilings which gives the space potential for a diverse variety of tenants moving forward. There is substantial upside in utility income moving forward on the property, as the current owner is paying for all of the apartment utilities and gas for the retail tenants in 66 South Broadway. The property boasts a 95 Walkscore or "Walker's Paradise"!