Active
1 / 14
$2,500,000
747 Santa Fe Drive
Denver CO 80204
15,000 sqft | 1900 built
About this home
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
| Price | $2,500,000 |
|---|---|
| Status | Active |
| Square Feet | 15,000 |
| Lot Size | 0.2 acres |
| Year Built | 1900 |
| Property Type | Commercial Sale |
| Days on Market | 73 |
| MLS Number | REC1981393 |
Location
Denver CO 80204