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28962963

747 Santa Fe Drive, Denver, CO 80204

JW
CO CO ER227221
Legacy 100 Real Estate Partners
Listed by Legacy 100 Real Estate Partners
$1,999,950
168 days on market
Updated 40 days ago

747 Santa Fe Drive

Details
APN 5044-21-019
Property Type Retail
Sub Type Storefront
Square Footage 15,000
Units 1
Cap Rate 2.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $167
Class C
Year Built 1900
Year Renovated 2016
Stories 2
Acreage 0.200
Zoning C-MS-5
Parking Spaces 10 spaces
Parking Per SqFt 0.67
Investment Type Redevelopment

BEST GALLERY ON SANTA FE!

Marketing description

BEST GALLERY ON SANTA FE!

Located in the heart of Denver’s vibrant Art District on Santa Fe, this legacy art gallery offers an incredible redevelopment opportunity, and is just blocks from the 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. Schedule a showing today to explore the possibilities!

Financials are available upon request.

Investment highlights

  • Lot Size: 0.20 Acres / 8,798 SqFt

Listing Contacts

JW
CO CO ER227221
Legacy 100 Real Estate Partners
Listed by Legacy 100 Real Estate Partners

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Additional Information

Name
Jim Weichselbaum
License
CO ER227221
Brokerage
Legacy 100 Real Estate Partners
Brokerage Phone
303-888-4900
Title
Broker/Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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