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    389 S Lipan St Denver, CO 80223

    For Sale
    $5,900,000

    Renovated warehouse with long-term tenants and secured parking.

    Property size:
    26,507 SF
    Lot size:
    1.11 Acres

    Property Features for 389 S Lipan St

    General Information

    Size
    26,507 SF
    Lot size
    1.11 Acres

    Source: Required Properties Agent Justin Brockman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denver Warehouse with Secured Parking

    This property is occupied by three vertically integrated companies under a single lease. The tenants include ECO, Denver Metal Supply, and Material Drop, demonstrating a long-term commitment to the site. Complete renovations were carried out in 2019, which included the roof and interior. The property features secured site parking and additional gated outside storage. The building has a roof and solar panels. The property is a warehouse with 26507 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Denver Metal Supply Metal Fabricator ECO Roof and Solar Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0020101
    Latitude
    39.7094983

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    FAQs

    What type of property is this?
    Warehouse - Renovated warehouse with long-term tenants and secured parking.
    Where is this warehouse located?
    The property is located at 389 S Lipan St Denver, CO.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - Three vertically integrated companies (ECO, Denver Metal Supply, Material Drop) on one lease; - Long term commitment to site; - Complete renovations in 2019: **Roof, Interior**
    (303) 900-9111
    Request Owner's contact information
    389 S Lipan St Denver, CO 80223
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    Denver, CO 80223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    389 S Lipan St Denver, CO 80223
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