Denver Art District Redevelopment
For Sale
$1,999,950
747 Santa Fe Dr, Denver, CO 80204
Mixed-use property in Denver's Art District with redevelopment potential.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market631
Property Features for 747 Santa Fe Dr
General Information
Standard status
Active
Lot size
0.20 Acres
Taxes and HOA fees
Annual Taxes
$54,160
Listing Agency:
Legacy 100 Real Estate Partners LLC
(303) 888-4900
Listed By:
Jim Weichselbaum
(303) 888-4900
Source:
Exprealty
Added: Nov 29, 2024
Changed: Aug 20
Last Checked: Aug 21 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy 100 Real Estate Partners LLC
Investment Insights
Based on property information with market context.
Located in the heart of Denver’s vibrant Art District on Santa Fe, this property presents a redevelopment opportunity. It is situated blocks from the Denver Broncos Stadium Redevelopment. Currently utilized as studio space with a retail storefront, the property features below-market rents and is located in a high-demand area. The zoning allows for a five-story building, making it suitable for apartments, condos, or a mix of uses. The first-floor retail space could be converted into retail condos or leased at market rates. The property includes 10 parking spaces in the back, a basement with ramp access, and an existing elevator shaft. A recently updated fire escape meets all code requirements. The property is currently leased as a showroom and artist studios, and presents increased revenue potential. The strong demand for climate-controlled storage presents another profitable avenue.
Key Highlights
- Prime redevelopment opportunity in Denver's Art District on Santa Fe.
- Zoning allows for a five‑story building, suitable for apartments, condos, or mixed‑use development.
- Located blocks from Denver Broncos Stadium Redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,974
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Denver's Art District with redevelopment potential.
Where is this mixed-use property located?
The property is located at 747 Santa Fe Dr Denver, CO.
What is the asking price?
The asking price for this property is $1,999,950.
What are key features of this property?
This property features: Prime redevelopment opportunity in Denver's Art District on Santa Fe.; Zoning allows for a **five‑story building**, suitable for apartments, condos, or mixed‑use development.; Located blocks from Denver Broncos Stadium Redevelopment.
