About 747 Santa Fe Drive
PRICE REDUCED! 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!
Features of 747 Santa Fe Drive
| MLS® # | 1981393 |
|---|---|
| Price | $1,999,950 |
| Bathrooms | 0.00 |
| Square Footage | 15,000 |
| Acres | 0.20 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 747 Santa Fe Drive |
|---|---|
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80204 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | November 29th, 2024 |
|---|---|
| Zoning | C-MS-5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Legacy 100 Real Estate Partners LLC |
|---|---|
| Contact |