1237 Denver, CO $ 2,325,000
1237
$ 2,325,000
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1237

Denver, CO, 80223
$ 2,325,000
Bedrooms-- Baths-- Sq 5,211

Monthly Estimate*

$ 14,505

Listed by Unique Properties LLC
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Commercial Property for sale in Denver, CO

for $2,325,000. This 5,211 square foot building was built in 1957 on a lot size of 0.5.

Unique Properties is proud to offer For Sale an Industrial Zoned Property consisting of three contiguous lots suitable for live/work, with a total land area of 21,870 sf, located in the West Broadway Addition of Denver. This is an area undergoing significant redevelopment addressed as 1237, 1247 and 1257 South Bannock Street, this property is located just south of the intersection of S. Bannock and West Arizona Ave. The current Zoning is I-A (Light Industrial). All three lots have frontage on the west side of S. Bannock Street and can also be served by an alley. Existing improvements consist of a single-family home with a detached garage / shop on a 6,250 sf lot at 1237 South Bannock; another single family home on a 6,250 sf lot at the 1247 South address and a 2,156 sf light industrial building on a 9,370 sf lot at the 1257 South Bannock address. Each of the individual properties are currently leased month-to-month. There is the possibility of extending terms of the leases which may provide income sufficient to offset holdings costs until a re-development concept can be approved. This Central Market area location is easily accessed from South Santa Fe Drive (US 85) or South Broadway via West Florida Ave or West Mississippi Ave.

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Commercial Active

Price

$ 2,325,000

Property Type

Commercial

Taxes

$ 12,710

Style

Lot Size

0.5

Year Built

1957

Town/City

Denver

County/Region

Denver

MLS | Web ID

2430793

Features
General
Sewer Public Sewer
Possession Closing/DOD Negotiable
Zoning I-A
Garage Spaces 0
Exclusions Seller's personal property
Year Built 1957
Property Subtype Industrial
Tax Year 2024
Current Use Industrial Mixed Use
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Lot Size Units Square Feet
Lot Size Square Feet 21870
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 12710
Standard Status Active
Cap Rate 0
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Exterior
Lot Features Level
Total Parking 0
Lot Size Area 21870
Building Area Total 5211
Lot Size Acres 0.5
Road Surface Type Paved
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1237
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* Excluded Features
List By
Unique Properties Llc

Broker

(720) 849-2255

Phone

Affordability Calculator

$15,564
Per Month
93%
7%
0%
Monthly Principal & Interest
$14,505
Monthly Property Taxes
$1,059
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
7/8/2025$2,325,000 Listed Price

Map


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1237, Denver, CO, 80223 is a Commercial Property for sale at $2,325,000 with 5,211 sqft and a lot size of 0.5. 1237 was built in 1957. The property's zip code is 80223 which is in Denver, CO