$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

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