Santa Fe Dr Denver, CO 80223
This unique Denver commercial property, located on N Santa Fe Drive, presents a compelling investment opportunity. Boasting a 0.14-acre lot, this building has a rich history, having served as a commercial business for over 50 years. Originally a duplex, it's now a spacious, unified space with charming built-in features and two claw-foot tubs, showcasing its vintage character. Recent upgrades include new windows and durable vinyl flooring, making it move-in ready. The property is zoned U-MS-3, allowing for 2 to 8 units, offering significant redevelopment potential. Imagine transforming this space into a boutique residential complex, a co-working hub, or a mixed-use development. The back of the lot includes storage sheds that could be renovated. Parking is ample, with gated space for four vehicles and additional off-street parking for three more. This versatile property is ideal for developers, entrepreneurs, or investors seeking a distinctive project in Denver's vibrant Santa Fe Arts District. The property is priced at $650,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.