Address
1430 Race Street, Denver, CO
Price
$ 3,195,000
Property Attributes
- MLS#9891168
- TypeCommercial
- Listing Status Active
- CountyDENVER
- CityDenver
- Zip80206
- StyleVictorian
- Year Built1892
- Taxes$ 11228
- Price$ 3,195,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6663
- Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Flora House represents a rare opportunity for investor or owner operators to acquire a well established and profitable boutique hospitality asset in Denver’s renowned Wyman Historic District. The property benefits from exceptional proximity to the city’s cultural, dining, and commercial destinations and is one of very few lodging properties in the area. This 1892 Victorian mansion underwent a meticulous restoration and was redesigned in 2022. Today, the property operates as a boutique hotel / Bed & Breakfast with a growing clientele for private events. The property sits on a 0.22-acre landscaped lot featuring a spacious private garden and hardscaped outdoor gathering spaces. The interior offers elegant common areas and seven unique, luxury guest suites, each with a private en-suite bathroom. Included with the turnkey sale is all all FF&E (guest-facing, common area and operational), Intangible business assets (Branding, Website, reservation systems, Social media accounts, SOPs), and operational infrastructure (private one-bedroom owner/innkeeper residence, commercial kitchen, laundry, hot tub, storage, garage, 5 guest parking spots). Flora House has established itself as a high-performing hospitality business with annual gross revenues consistently exceeding $500,000. In 2025, the property achieved 70% occupancy, with an Average Daily Rate (ADR) of $218 and RevPAR exceeding $150—performance metrics that significantly exceed broader Denver market averages for comparable accommodations. Meaningful growth potential exists through expanded event and group sales programming, optimized pricing strategies, expanded marketing efforts and online presence, and ongoing operational savings. Flora House is a compelling combination of updated historic architecture, turnkey operations, proven performance, brand awareness & loyalty, with avenues for future growth within a sought-after neighborhood. An Offering Memorandum and financials are available for qualified buyers.
| Price History | |
|---|---|
| 4/24/2026 | Listed $3,200,000 |
| 8/25/2026 | 1$3,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected |
| Possession | Negotiable |
| Roof | Composition |
| Zoning | PUD |
| Architectural Style | Victorian |
| Security Features | Carbon Monoxide Detector(s),Fire Alarm,Smart Cameras,Smart Locks,Smoke Detector(s) |
| Construction Materials | Block,Brick,Concrete,Frame,Stone,Wood Siding |
| Exclusions | Seller's personal possessions,company vehicle (title to be transferred to seller),staging items,any off-site business operations (including home office equipment,seller's personal phones and computer |
| Year Built | 1892 |
| Electric | 220 Volts |
| Stories Count | 3 |
| Property Subtype | Special Purpose |
| Tax Year | 2024 |
| Current Use | Commercial,Event Space,Mixed Use,Multi-Family,Residential |
| Building Name | Flora House Denver |
| County | Denver |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Energy Efficient | Lighting |
| Building Features | Fixtures/Equipment Included,On Site Management,Signage Included,Storage,Wi-Fi |
| Status | Active |
| City | Denver |
| Number Of Units Total | 8 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 9371 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 11228 |
| Lease Considered Y/N | No |
| Virtual Tour | https://cloud.threshold360.com/locations/8484359-1074796728 |
| Structure Type | Free Standing |
| Standard Status | Active |
| Cap Rate | 10.23 |
Exterior Features
| Parking Features | Concrete,Guest |
|---|---|
| Lot Features | Landscaped,Near Public Transit,Sprinklers In Front,Sprinklers In Rear |
| Water Source | Public |
| Total Parking | 5 |
| Lot Size Area | 9371 |
| Building Area Total | 6663 |
| Lot Size Acres | 0.22 |
| Road Surface Type | Alley Paved,Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80206
Price
Taxes
Year Built
Visits
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