1600 Steele Street Denver, CO $ 750,000
1600 Steele Street
$ 750,000
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1600 Steele Street

Denver, CO, 80206
$ 750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,180

Listed by American City Real Estate
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Commercial Property for sale in Denver, CO

for $750,000. 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 live on, investors or developers looking to build equity through renovation. Whether you’re envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning offers many possibilities. Priced well below replacement cost! This Denver Square has been thoughtfully converted into 7 apartments, 2- 2 beds, 5- 1 beds. 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 and laundry is on site. The most compelling element of this asset is the significant upside in the rents. With strong management and targeted improvements, the 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, the ultimate back yard! 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.

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Commercial Contingent

Price

$ 750,000

Property Type

Commercial

Taxes

$ 9,235

Style

Denver Square

Lot Size

0.11

Year Built

1905

Town/City

Denver

County/Region

Denver

MLS | Web ID

8299990

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Sewer Connected
Roof Shingle Rolled/Hot Mop
Zoning U-TU-B UO-3
Garage Spaces 0
Architectural Style Denver Square
Construction Materials Brick Frame
Year Built 1905
Electric 110V 220 Volts
Property Subtype Multi Family
Current Use Multi-Family
Parcel Number 2364-08-013
County Denver
Property Type Commercial Sale
HOA N
Attached Garage N
City Denver
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Square Feet
Lot Size Square Feet 4687
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 9235
Standard Status Active Under Contract
Freehold IDX
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Exterior
Parking Features Driveway-Gravel
Lot Features Corner Lot
Water Source Public
Lot Size Area 4687
Lot Size Acres 0.11
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* Excluded Features
List By
American City Real Estate

Broker

jeffrey@americancityrealestate.com

Contact

Affordability Calculator

$5,950
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$770
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/3/2026$750,000 -21.05% Price Down
9/24/2026$950,000 -20.50% Price Down
8/7/2026$1,195,000 Listed Price

Map


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1600 Steele Street, Denver, CO, 80206 is a Commercial Property for sale at $750,000 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