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1754-1770 Sherman St - El Jebel 2 Properties in Denver, CO
INVESTMENT HIGHLIGHTS
- Vacant Parking Lot with exceedingly rare 650' Redevelopment Potential - be prepared with this site as the market turns back
- Located on east side of downtown Denver, proximate to State Capitol. Residential highly desired by City and County of Denver
- Great user opportunity for those that can utilize the El Jebel Shrine Building
- Ability to break through Capitol View Plane limit and build up to 60 story tower
- Historic El Jebel Shrine building makes a great entertainment venue either as an amenity to the tower developed adjacent to it or for symphonies, etc.
EXECUTIVE SUMMARY
1754 Sherman Street Land - Positioned for redevelopment potential, this .4 acre property’s highest and best use lies in future redevelopment into a vibrant multi-story asset as the site comes with rights to develop up to a 60 story tower (given in exchange for designating the adjacent El Jebel Shrine building as historic) —whether high-rise condominiums, multi-family residences, a hotel, or a mixed-use hotel/residential tower. While current market conditions may deter traditional office development, the site remains ideal for a user-driven project that capitalizes on its coveted location and long-term value.
1770 Sherman Street Building - A truly unique offering, 1770 Sherman Street stands as a specialty-use property with deep historical significance. Protected by easements granted to Historic Denver, both the exterior and interior are preserved in perpetuity—ensuring that any upgrades to this 46,640 sf building must honor the building’s original character and craftsmanship. This rare designation makes the shrine one of the most distinctive and culturally rich assets in the region, ideal for visionary stewards of heritage architecture.
1770 Sherman Street Building - A truly unique offering, 1770 Sherman Street stands as a specialty-use property with deep historical significance. Protected by easements granted to Historic Denver, both the exterior and interior are preserved in perpetuity—ensuring that any upgrades to this 46,640 sf building must honor the building’s original character and craftsmanship. This rare designation makes the shrine one of the most distinctive and culturally rich assets in the region, ideal for visionary stewards of heritage architecture.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Taxes |
$99,999
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 46,640 SF |
| Status | Active | Total Land Area | 0.68 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 46,640 SF |
| Total Land Area | 0.68 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1754 Sherman St, Denver, CO 80203 | Land | 0.40 AC | - | - |
|
El Jebel
1770 Sherman St, Denver, CO 80203 |
Specialty | 46,640 SF | 1906 | - |
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1754-1770 Sherman St - El Jebel
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