747 Santa Fe Drive Denver, CO $ 2,500,000
747 Santa Fe Drive
$ 2,500,000
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747 Santa Fe Drive

Denver, CO, 80204
$ 2,500,000
Bedrooms-- Baths-- Sq 15,000

Monthly Estimate*

$ 15,597

Listed by Legacy 100 Real Estate Partners LLC
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Commercial Property for sale in Denver, CO

for $2,500,000. This 15,000 square foot building was built in 1900 on a lot size of 0.2.

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!

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 54,228

Style

Traditional

Lot Size

0.2

Year Built

1900

Town/City

Denver

County/Region

Denver

MLS | Web ID

1981393

Features
General
Sewer Public Sewer
Possession Close Plus 60 to 90 Days
Zoning C-MS-5
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick
Exclusions none
Year Built 1900
Stories Count 2
Property Subtype Retail
Tax Year 2024
Current Use Arts/Creative Commercial Office Retail
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 8798
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 54228.8
Standard Status Active
Occupancy Type Tenant
Cap Rate 2
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Exterior
Water Source Public
Total Parking 10
Lot Size Area 8798
Building Area Total 15000
Lot Size Acres 0.2
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Internal Only
Street Number 1 747
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* Excluded Features
List By
Legacy 100 Real Estate Partners Llc

Broker

(303) 888-4900

Phone

Affordability Calculator

$20,116
Per Month
78%
22%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
$4,519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2024$2,500,000 Listed Price

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747 Santa Fe Drive, Denver, CO, 80204 is a Commercial Property for sale at $2,500,000 with 15,000 sqft and a lot size of 0.2. 747 Santa Fe Drive was built in 1900. The property's zip code is 80204 which is in Denver, CO