1600 Steele Street Denver, CO ^$ 1,195,000

1600 Steele Street

^$ 1,195,000

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Recently Listed

1600 Steele Street

Denver, CO, 80206

^$ 1,195,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 7,545

Listed by American City Real Estate

1600 Steele Street, Denver, CO 80206 - Image 1

1600 Steele Street, Denver, CO 80206 - Image 2

1600 Steele Street, Denver, CO 80206 - Image 3

1600 Steele Street, Denver, CO 80206 - Image 4

1600 Steele Street, Denver, CO 80206 - Image 5

Commercial Property for sale in Denver, CO

for $1,195,000. This building was built in 1905 on a lot size of 0.11.

Exceptional opportunity in highly desirable South City Park! A 4,690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for investors, developers, or buyers looking to build equity through renovation. Whether you’re envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning opens the door to a variety of possibilities. Buyer to verify zoning, use, grandfathered status, rents, leases, unit configuration, and future rental options. The Denver Square has been thoughtfully converted into 2 separate units and 4 large one bedroom apartments were added behind. A gigantic 7th unit is in the basement. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler, gas & electricity are separately metered, on-site laundry. This property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth.1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park with easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!!!

Commercial Active

Price

^$ 1,195,000

Property Type

Commercial

Taxes

^$ 9,235

Style

Lot Size

0.11

Year Built

1905

Town/City

Denver

County/Region

Denver

MLS | Web ID

6845456

Features

General

Sewer Public Sewer

Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Sewer Connected

Possession Closing/DOD

Zoning U-TU-B UO-3

Garage Spaces 0

Year Built 1905

Electric 220 Volts

Property Subtype Commercial Land

Tax Year 2025

Current Use Multi-Family

Gross Income 111000

County Denver

Operating Expense 65044

Property Type Commercial Sale

Attached Garage N

Status Active

City Denver

Lot Size Units Square Feet

Lot Size Square Feet 4687

Carport Spaces 0

Listing Terms Cash Conventional

Tax Annual Amount 9235

Standard Status Active

Occupancy Type Tenant

Cap Rate 3.7

Exterior

Lot Features Corner Lot Level Near Public Transit

Water Source Public

Total Parking 0

Lot Size Area 4687

Lot Size Acres 0.11

Road Surface Type Alley Paved Paved

Road Frontage Type Public

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1600

* Excluded Features

List By

American City Real Estate

Broker

(303) 320-7743

Phone

Affordability Calculator

$8,315

Per Month

Monthly Principal & Interest: $7,545
Monthly Property Taxes: $770
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Denver, CO

Average List Price ^$1,981,228

Percent of Sale Price 66%

About Denver, CO

24,748 Population

9% Since 2002

^$36,940 Median Income

38.83 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
8/7/2026	$1,195,000		Listed Price

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1600 Steele Street, Denver, CO, 80206 is a Commercial Property for sale at $1,195,000 with a lot size of 0.11. 1600 Steele Street was built in 1905. The property's zip code is 80206 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/11/2026.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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1600 Steele Street

Commercial Property for sale in Denver, CO

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