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1st Floor - Unit 1s/1t
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Office/Retail
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11,164 SF
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$4,399,999 USD
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Unit Size: 11,164 SF
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Condo Use: Office/Retail
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Price: $4,399,999 USD
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Sale Type: Owner User
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Price/SF: $394.12 USD
Description
Previously a restaurant, this property consists of two retail/commercial condominiums that are a part of the larger Brooks Towers residential condominium building. The larger project is located at the southeast corner of 15th and Arapahoe Streets and the southwest corner of 15th and Curtis Streets, in the downtown Central
Business District of Denver. The larger site of which the subject units are a part is a 0.90-acre or 39,309-square-foot parcel. The Brooks Tower Residences project is a 42-story, 566-unit residential condominium building constructed in the 1970's. The subject units are located on the 1st floor of the building with street access. The project encompasses the southeast corner of Arapahoe and 15th Streets and the southwest corner of 15th and Curtis Streets. The subject units are identified in the Denver County Assessor's office for tax purposes as 1020 15th Street (Unit 1S, Ace Hardware) and 1040 15th Street (Unit 1T, Pet Supplies Plus).
Sale Notes
Exceptional opportunity to acquire a fully renovated, dual-branded retail condominium in the heart of downtown Denver. Located on the street level of the iconic 42-story Brooks Tower, this 11,164-square-foot commercial space is home to two nationally recognized tenants: Ace Hardware and Pet Supplies Plus. Space can be converted to several condos. Benefit of all Brooks Tower HOA offers.
Positioned at the high-traffic intersection of 15th and Arapahoe Streets, the property benefits from strong visibility, heavy pedestrian foot traffic, and immediate proximity to the Denver Center for the Performing Arts, 16th Street Mall, and numerous residential high-rises, hotels, and office towers.
The space was completely converted in 2021 from prior restaurant use to a modern retail layout with open flow, polished concrete floors, LED lighting, sealed concrete, acoustic ceilings, and two sets of restrooms. The businesses currently share an open concept without a demising wall, allowing flexible use and future adaptability.
Brooks Tower features 566 residential units above, as well as access to light rail, bus routes, and major arterials including I-25 and Colfax. Zoning (D-TD – Downtown Theatre District) supports vibrant commercial and entertainment uses.
This is an ideal asset for investors seeking stable tenancy in a trophy downtown location or owner-users looking to enter one of Denver’s most walkable and dynamic neighborhoods.
Highlights:
Fee Simple Ownership
11,164 SF Retail Condominium
Fully Renovated in 2021
Corner Unit with Dual Frontage
Surrounded by Dense Residential and Office Demand
Strong National Tenants in Place
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Nikan Azar
Colorado Hospitality Services, Inc.
