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City Park West Redevelopment Opportunity

1751 N Franklin Street, Denver, CO 80218

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For Sale

$1,200,000

Charming Victorian on a large lot, ideal for redevelopment.

Property size:

4,521 SF

Price / SF:

$265/SF

HighLights

Large 9,148 SF lot zoned G‑RO‑5 allows for duplexes, townhomes, or small multifamily development.
Existing 4,500+ SF Victorian building suitable for single‑family conversion, co‑living, or live/work use.
Prime City Park West location, one block from St. Joseph Hospital.
Detached 3‑car garage plus surface parking.
Walk Score of 91, close to City Park, Downtown, and Colfax retail.
Ideal infill location for builders or creative buyers.

We can help!

Contact an agent

SAM LEGER

For Sale

$1,200,000

Charming Victorian on a large lot, ideal for redevelopment.

Property size:

4,521 SF

Price / SF:

$265/SF

Added:: Jun 11, 2025
Days on Market:: 380
Last Refresh:: Mar 16 at 9:09 am

Property Features for 1751 N Franklin Street

General Information

Standard status: Active
Size: 4,521 SF

Building Details

Year Built: 1922

We can help!

Contact an agent

SAM LEGER

Listing office UNIQUE PROPERTIES LLC

Listing date Jun 11, 2025

Source Corcoran

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 UNIQUE PROPERTIES LLC

HighLights

Large 9,148 SF lot zoned G‑RO‑5 allows for duplexes, townhomes, or small multifamily development.
Existing 4,500+ SF Victorian building suitable for single‑family conversion, co‑living, or live/work use.
Prime City Park West location, one block from St. Joseph Hospital.
Detached 3‑car garage plus surface parking.
Walk Score of 91, close to City Park, Downtown, and Colfax retail.
Ideal infill location for builders or creative buyers.

Overview

This brick Victorian property, situated on a 9,148 square foot lot, presents a redevelopment or live/work opportunity in City Park West. Zoned G-RO-5, the property allows for by-right development of duplexes, townhomes, or small-scale multifamily residences. The existing structure, encompassing over 4,500 square feet, features 11 private offices, 3 bathrooms, a conference room, and a kitchen. The building could be converted into a single-family home, a creative co-living space, or continue its use as a live/work space. Additional features include a detached 3-car garage and surface parking. The location is one block from St. Joseph Hospital and near City Park, Downtown, and Colfax retail. With a Walk Score of 91, this infill location is suitable for builders or buyers seeking a long-term investment in Denver.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$108.5k	$24.00
− Vacancy	−$6.6k	−$1.46
EGI	$101.9k	$22.54
− OpEx	−$38.2k	−$8.45
NOI	$63.7k	$14.09

4,521 SF · lease $24.00/SF/yr · vacancy 6.10% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$909.7K

$796.0K – $1.06M (±1% cap)

NOI $63,678 @ 7.0% cap · market cap 5.31%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,744 @ 7.0% cap · market cap 8.40%

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

Property Profile Location Intelligence

Current Use by Public Records

Denver Roofing Works Roofing Company Roger Moore Law ... Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Denver
County: Arapahoe
State: Colorado
Longitude: -104.969
Latitude: 39.6848

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For sale
Live-work space
CO
Denver
80218
1751 N Franklin Street

What type of property is this?

Live-work space - Charming Victorian on a large lot, ideal for redevelopment.

Where is this live-work space located?

The property is located at 1751 N Franklin Street Denver, CO.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Large 9,148 SF lot zoned G‑RO‑5 allows for duplexes, townhomes, or small multifamily development.; Existing 4,500+ SF Victorian building suitable for single‑family conversion, co‑living, or live/work use.; Prime City Park West location, one block from St. Joseph Hospital.