$2,500,000
For Sale

747 Santa Fe Drive

Denver, CO 80204
15000 sqft | 0.20 acres | #1981393
Listing OfficeLegacy 100 Real Estate Partners LLC
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Located in the heart of Denver’s vibrant Art District on Santa Fe, this property offers an incredible redevelopment opportunity. 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!

  • Property Details
      • Sewer InformationPublic Sewer
      • Original List Price$2,500,000
      • Property TypePurchase
      • Taxes Annual$54,228
      • MLS #1981393
      • Cost2500000
      • MLS #1981393
      • Utility SourcePublic
      • CountyDenver
      • Property SubtypeRetail
      • Square Feet15000
      • Year Built1900
      • Acres0.2

Location

Hanover CommercialReal Estate Group

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