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$ 1,999,950
Est. payment | /mo
15,000 SqFt
$ 1,999,950
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $133
MLS Listing ID 1981393
Style Traditional
HOA Y/N No
Year Built 1900
Annual Tax Amount $54,160
Tax Year 2025
Lot Size 8,798 Sqft
Acres 0.2
Property Sub-Type Retail
Source recolorado
Property Description
PRICE REDUCED! Located in the heart of Denver's vibrant Art District on Santa Fe, this property offers an incredible redevelopment opportunity. Just blocks from Denver Broncos Stadium Redevelopment. Currently utilized as studio space with a retail storefront, it features below-market rents and sits in a high-demand area. With zoning allowing for a five-story building, the possibilities are endless—ideal for apartments, condos, or a mix of uses. The first-floor retail space could be converted into retail condos or leased at market rates, adding significant value. The property includes 10 parking spaces in the back, a basement with ramp access, and an existing elevator shaft for easy installation of another elevator. A recently updated fire escape meets all code requirements. Additionally, the strong demand for climate-controlled storage presents another profitable avenue. Currently leased as a showroom and artist studios, this property is primed for increased revenue potential. Financials are available upon request. Schedule a showing today to explore the possibilities!
Location
State CO
County Denver
Zoning C-MS-5
Interior
Fireplace N
Exterior
Total Parking Spaces 10
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Legacy 100 Real Estate Partners LLC
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