2479 S Broadway, Denver, CO 80210

• 10 beds |
• 10 baths |
• 6,000 sqft

Property Description

2479 S Broadway is a newly constructed mixed-use multifamily asset along one of Denver’s most dynamic infill corridors. The property consists of 10 residential units and approximately 1,000 square feet of ground-floor retail and is offered prior to certificate of occupancy, with delivery projected in 4 to 6 months. This offering presents a rare opportunity to acquire brand-new product at a basis established before stabilization. Investors can step into the asset during final stages of construction, with flexibility to close prior to or at certificate of occupancy, while influencing lease-up execution and retail tenanting strategy. In a market where most new construction trades only after full delivery and stabilization, this timing creates a differentiated entry point. At a list price of $2,500,000, or $250,000 per unit and $373 per square foot, the asset is priced below recent new construction comparables, averaging approximately $288,000 per unit and $493 per square foot. This pricing provides a favorable basis relative to replacement cost, particularly given rising construction costs and barriers to new infill development. The property’s position along South Broadway offers immediate access to one of Denver’s most established retail and dining corridors, with strong connectivity to Downtown, the University of Denver, and the I-25 employment corridor. The submarket is defined by limited developable sites, fragmented ownership, and increasing difficulty in delivering new product at competitive economics, supporting long-term rent growth and appreciation. From an operational standpoint, the asset benefits from modern construction and an efficient unit mix of one-bedroom residences averaging approximately 600 square feet. The streamlined design supports ease of management, while new building systems and limited near-term capital requirements allow ownership to focus on lease-up and cash flow rather than renovation execution.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:20PM

Listing Office:

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. : 303-328-2000

Listing Agent:

Charles Burkhart : 214-336-6064

MLS ID:

6523085

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Unknown
• General: Three Or More

Location

• Originating MLS: recolorado
• School District: Denver 1
• County: Denver

Lot

• Zoning: U-MX-3BR 05275 B9 L29 & S/2 OF L30EXC W 2FT & E 4FT EENLOW TO CITYSUB5275-06-043

Utilities

• Sewer: Public Sewer

Financial

• Source: recolorado
• Ownership: Individual
• Exclusions: n/a