SOBO | South Broadway Real Estate | Denver | Englewood | Kenna Real Estate

SoBo | South Broadway Real Estate

SoBo is Denver’s Newest Real Estate Star

Like many US cities, Denver is changing—and quickly. As more people move to the city, the demand both for homes and for new businesses means that the face of the city is becoming something different. That difference is reflected not just in our changing lifestyles, but also in the new neighborhood names that pop up from time to time. The newest part of the city to receive its nickname is SoBo, which designates part of the area below South Broadway. This part of Denver has so much to offer, and there’s much more to come.

First There was LoDo, then RiNo and LoHi—now There’s SoBo!

Many of Denver’s up-and-coming neighborhoods have been given new nicknames in recent years. Most of these new names are based on the location of the neighborhood, or the streets that define its boundaries. Not everyone is a fan of the nicknames, but there’s no question about the popularity of the neighborhoods themselves. Like SoBo, each of these areas has its own distinct character, and is experiencing a refreshing revival that is helping to revitalize the whole city! 

SoBo Real Estate on South Broadway

All Listings $300,000 - $400,000 $400,000 - $500,000
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SoBo Real Estate on South Broadway

19 Properties Found. Page 1 of 2.
SoBo Real Estate on South Broadway
19
Listings
83
Average DOW
$339,050
Min. Price
$799,900
Max. Price
$556,068
Average List Price
$580,531
Average Sold Price
$323
Price per SqFt.
0.04
Average Acres
Photo of Listing #4438587
New Listing

Unit D - 2568 S Lincoln Street, Denver

$499,000 - 3 Beds, 3 Baths, 2,018 Sf

MLS® # 4438587

Metrolist Services Inc (Colorado) Logo West and Main Homes Inc Status: Active
Photo of Listing #7957517
New Listing

1343 S Lincoln Street, Denver

$649,900 - 3 Beds, 1 Baths, 2,187 Sf

MLS® # 7957517

Metrolist Services Inc (Colorado) Logo MB MARKET MASTERS REAL ESTATE Status: Active
Photo of Listing #4486458

Unit 304 - 1898 S Bannock Street, Denver

$540,925 - 2 Beds, 2 Baths, 1,050 Sf

MLS® # 4486458

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #2181288

2775 S Lincoln Street, Englewood

$749,900 - 4 Beds, 4 Baths, 2,888 Sf

MLS® # 2181288

Metrolist Services Inc (Colorado) Logo AJAX REAL ESTATE LLC Status: Active
Photo of Listing #3311657

1667 S Sherman Street, Denver

$799,900 - 3 Beds, 4 Baths, 2,946 Sf

MLS® # 3311657

Metrolist Services Inc (Colorado) Logo The Denver 100 LLC Status: Active
Photo of Listing #5853563

2154 S Delaware Street, Denver

$429,900 - 2 Beds, 3 Baths, 1,110 Sf

MLS® # 5853563

Metrolist Services Inc (Colorado) Logo iHOMES COLORADO Status: Active
Photo of Listing #8687479

2146 S Delaware Street, Denver

$499,900 - 2 Beds, 3 Baths, 1,214 Sf

MLS® # 8687479

Metrolist Services Inc (Colorado) Logo Madison & Company Properties Status: Active
Photo of Listing #3534260

2623 S Cherokee Street, Denver

$749,900 - 4 Beds, 4 Baths, 3,422 Sf

MLS® # 3534260

Metrolist Services Inc (Colorado) Logo MB Homes Ready 4 You Status: Active
Photo of Listing #1883042

Unit 205 - 1898 S Bannock Street, Denver

$416,925 - 1 Beds, 2 Baths, 985 Sf

MLS® # 1883042

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #4317206

Unit 501 - 1898 S Bannock Street, Denver

$617,750 - 2 Beds, 2 Baths, 1,370 Sf

MLS® # 4317206

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #5579917

Unit 107 - 1898 S Bannock Street, Denver

$489,675 - 2 Beds, 2 Baths, 1,045 Sf

MLS® # 5579917

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #2648215

Unit 202 - 1898 S Bannock Street, Denver

$339,050 - 1 Baths, 645 Sf

MLS® # 2648215

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #3328149

Unit 213 - 1898 S Bannock Street, Denver

$367,250 - 1 Beds, 1 Baths, 740 Sf

MLS® # 3328149

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #5224870

Unit 308 - 1898 S Bannock Street, Denver

$382,925 - 1 Beds, 1 Baths, 820 Sf

MLS® # 5224870

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #9188333

Unit 303 - 1898 S Bannock Street, Denver

$368,494 - 1 Beds, 1 Baths, 740 Sf

MLS® # 9188333

Metrolist Services Inc (Colorado) Logo RE/MAX Cherry Creek Status: Active
Photo of Listing #4569723

2652 S Acoma Street, Denver

$714,900 - 4 Beds, 4 Baths, 3,422 Sf

MLS® # 4569723

Metrolist Services Inc (Colorado) Logo MB Homes Ready 4 You Status: Active
Photo of Listing #4331974

2571 S Cherokee Street, Denver

$750,000 - 3 Beds, 4 Baths, 2,500 Sf

MLS® # 4331974

Metrolist Services Inc (Colorado) Logo Invested Real Estate Status: Active
Photo of Listing #9983922

2573 S Cherokee Street, Denver

$750,000 - 4 Beds, 4 Baths, 2,500 Sf

MLS® # 9983922

Metrolist Services Inc (Colorado) Logo Invested Real Estate Status: Active

LoDo: This neighborhood has a special distinction among the crowd, as it was the first one to receive a nickname that really caught on. It’s named for the lower downtown area near Union Station, and it’s a name that’s been around since the 1980s! Officially this district is the Lower Downtown Historic District, but for the last 30 years or so, it’s been known simply as LoDo.

RiNo: The River North Art District is home to a fabulous collection of new businesses, and has rapidly become an immensely popular neighborhood as a result. New restaurants, food markets, art galleries, and artisan retailers, have revitalized the neighborhood and its new reputation as a chic place to eat, shop, and enjoy local culture is well-deserved.

LoHi: The Lower Highlands is another of Denver’s hot new neighborhoods. With an intriguing combination of both old and new homes and commercial buildings, LoHi is also home to some fantastic bars and restaurants. In fact, it’s well-known as one of the best places in town for unusual and innovative food, since the number of restaurants and bars in this neighborhood has tripled in the last 10 years!

SoBo: The newest addition to the collection, SoBo’s nickname is derived from its location south of Broadway. New wining, dining, and entertainment venues, along with Antique Row and the newly-dubbed Green Mile, make this hip, trendy, and eclectic neighborhood the next big thing to hit Denver.

What’s Driving the Development of these New Urban Gems?

Denver is home to some amazing neighborhoods, many with a long and storied history, and with the kind of architecture you’d expect to accompany those stories! Denver is also home to many neighborhoods that are changing dramatically, largely due to changes the city itself is undergoing.

Denver is a fast-growing city, and in fact, during most of this century it’s been one of the fastest-growing cities in the whole country. In particular, the growth of downtown Denver, and of the city’s overall population, has been particularly rapid.

That rapid population growth is a big driver of the changes that have been happening in the city in the last decade or two. With all of these new people living, working, and traveling in the city, it’s inevitable that the downtown area would expand,. Just as inevitable is the fact that the neighborhoods right next to the downtown core would be the first ones affected by all of this growth. However, while we’ve had some new commercial construction going on downtown, as well as some renovation of older buildings, the core downtown area is pretty much static. This is because for the most part, it’s already as built up as it’s going to get. As a result, there’s not much room for new construction in this part of the city—so that means the only option is for downtown to expand! This means that the neighborhoods immediately adjacent to the downtown area are slowly but steadily becoming more urban in nature. In these areas, older buildings are being redeveloped into retail and service locations, or into apartments, or replaced altogether with newly-built homes and places of business.

Of course, one of the earliest neighborhoods to undergo this kind of change has been the River North Art District, or RiNo. Its proximity to the core downtown area, and the fact that it does have room for new development, has made the area ripe for change.

Now it’s the turn of SoBo, which is coming to new and vibrant life, as more and more people rediscover everything this part of the city has to offer, and as new businesses are drawn to the area in response to this increasing level of interest.

There’s Something Special about SoBo

SoBo has undergone something of an urban renewal in recent years. This is a process that is still ongoing, and which will likely continue to transform the face of the neighborhood for years to come. For those who are lucky enough—and smart enough—to buy property here now, living in SoBo is the ticket to easy access to a fantastic range of places to eat, shop, and be entertained!

The part of Denver that is now known as SoBo was overlooked for a long time. A stretch of mostly industrial buildings, lined on either side with 1920s and 1930s homes, and not much in the way of shopping or entertainment, meant that for most people, there was little reason to ever visit this part of the city. Apart from the Antique Row—a collection of around 100 antique and collector’s stores—there just wasn’t much there.

For a variety of reasons, that’s all started to change in recent years. One important driver of all this change has been, surprisingly enough, the legalization of marijuana in Colorado, first for medicinal purposes and then later for recreational use. As a result of these law changes, a number of dispensaries opened up in Denver, and it just so happened that most of them set up shop on South Broadway. In fact, there are now more than 15 legal dispensaries along Antique Row—for which reason the area is known to some as The Green Mile.

Another contributing factor is just what happens in all older, less fashionable neighborhoods: the price of entry is lower. Reduced real estate rentals and purchase prices made it easier for new businesses to gain a foothold in the area. As a result, slowly but surely, a wide variety of new retail and other locations opened up. Microbreweries, restaurants, entertainment venues, and art galleries began to filter into the neighborhood alongside the antique stores and dispensaries, adding to the already changing vibe of the area.

Now, as the area is undergoing a process of renewal, more and more new businesses are coming to join the party. Thanks to the proximity of the nearby light rail system there’s easy access to public transport, and with a couple of large sites nearby under development, there’s a lot happening here.

One of these new sites is what used to be the Gates Rubber Factory, which lay vacant and dilapidated for over 10 years after shutting down in 2001. Finally demolished in 2014, the site has been cleaned and leveled, and is now set for a 40-acre transit-oriented development, with thousands of apartments, already named Broadway Station.

Then there’s the former Shattuck Chemical Company, a radium refinery that, after closing more than 30 years ago, left behind what turned out to be an environmental disaster. Set on 6 acres of land, and a former EPA Superfund site, the now-clean land is under contract to a developer. Now there are plans to turn the former brownfield into a residential development called Encore Evans Station, with over 200 apartments as well as essential amenities.

With all of this going on, it’s all but guaranteed that SoBo will only continue to flourish. A wide range of entertainment, shopping, and dining opportunities, along with a mixture of both old and new homes, means there’s loads of potential for SoBo to become a highly desirable place to live and enjoy life.

Kenna Real Estate are Your SoBo Area Experts!

SoBo is definitely one of the most interesting, thriving, and ever-changing Denver neighborhoods, and the homes here are poised to become some of the most in-demand in the entire city. Are you hoping to buy property in the SoBo area, or wanting to sell a SoBo home? Kenna Real Estate is located right in the heart of SoBo, and we’re definitely the SoBo property experts to call! Our experienced realtors are just as knowledgeable about Englewood and the rest of Denver, too!

Whether you’re buying or selling property in Denver, we’re the people you want to talk to. Call Kenna Real Estate at 303-955-4220 today, or use the contact form on our website, and let’s get started on fulfilling your real estate dreams.

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Listing information last updated on April 21st, 2019 at 10:34am MDT.

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