About 747 Santa Fe Drive
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!
Features of 747 Santa Fe Drive
| MLS® # | 1981393 |
|---|---|
| Price | $2,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 15,000 |
| Acres | 0.20 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 747 Santa Fe Drive |
|---|---|
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80204 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | November 29th, 2024 |
|---|---|
| Zoning | C-MS-5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Legacy 100 Real Estate Partners LLC |
|---|