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747 Santa Fe Dr
Denver, CO 80204
Retail Property For Sale
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,959 SF
Building Class
C
Year Built
1900
Price
$3,442,225 CAD
Price Per SF
$287.84 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
13’
Building FAR
1.22
Lot Size
0.22 AC
Zoning
C-MS-5
Parking
12 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
52’ on Santa Fe Dr
PROPERTY TAXES
| Parcel Number | 5044-21-019 | Improvements Assessment | $259,055 CAD |
| Land Assessment | $660,538 CAD | Total Assessment | $919,593 CAD |
PROPERTY TAXES
Parcel Number
5044-21-019
Land Assessment
$660,538 CAD
Improvements Assessment
$259,055 CAD
Total Assessment
$919,593 CAD
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