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Freestanding Restaurant Building with Patio
For Sale
Contact for pricing
Pending

698 Santa Fe Drive, Denver, CO 80204

Freestanding restaurant building with a pergola-covered patio, kitchen, dining areas, and full restaurant infrastructure already installed.

Property Size4,533 SF
Days on Market52

Property Features for 698 Santa Fe Drive

General Information

Standard status Pending
Size 4,533 SF
Class A
Property subtype Retail
Zoning C-MS-5
Occupancy 100%
Investment Type Owner/User

Restaurant

Commercial Hood Yes
Grease Trap Yes

Building Details

Year Built 1891
Year Renovated 2019
Units 1
Tenancy Single
Listing Agency: Curated Commercial Real Estate
Listed By: Montana Rae · License #IR100100400
Source: Crexi
Added: Jul 10 Changed: Aug 13 Last Checked: Aug 29 at 3:12AM

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 Curated Commercial Real Estate

Investment Insights

Based on property information with market context.

This freestanding restaurant property was remodeled and expanded from a storefront retail space into a purpose-built, full-service restaurant. The buildout includes a large bar area and dining room, a spacious kitchen, a private dining room, and a large, functional basement. A 1,011 SF pergola-covered patio features garage doors, creating a flexible indoor/outdoor dining option. The remodel completed in late 2019, and the space has restaurant-grade infrastructure, including new HVAC, plumbing, electrical, hood ventilation, grease interceptor, walk-in coolers, draft lines, and tie-ins for standard restaurant equipment.

The property is located at a highly active, signalized intersection in Denver’s Art District on Santa Fe, a few blocks from the Burnham Yard redevelopment and the future home of the new Denver Broncos stadium.

The property is not currently operating as a restaurant and is occupied by another business. Reactivating as a restaurant will require reconstructing the front bar section, completing the retail-to-restaurant change of use with the City of Denver, obtaining a liquor license, and installing new restaurant equipment and furniture. Construction documents, equipment plans, and a virtual tour are available upon request. Please do not disturb the occupant; contact for a private tour.

Key Highlights

  • Freestanding full‑service restaurant building remodeled and expanded from a storefront into a purpose‑built restaurant
  • 1,011 SF pergola‑covered patio with garage doors
  • Restaurant buildout includes large bar area and dining room, spacious kitchen, private dining room, and large functional basement

Property Analytics

Current Use

Tribe Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Mobile Phone Store Clothing & Fashion Store Nursing Home Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

4,781
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 26% Hotels & Casinos 7%
Phillips 66 Shops & Services
11,858 visits/mo 0.2 miles
Sinclair Shops & Services
10,475 visits/mo 0.0 miles
Santiago's Dining
10,185 visits/mo 0.1 miles
7-Eleven Shops & Services
5,979 visits/mo 0.4 miles
7-Eleven Shops & Services
5,690 visits/mo 0.2 miles

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 Retail in Denver, CO

6.7% 2019
7.4% 2020
6.5% 2021
5.4% 2022
5.2% 2023
4.8% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building with a pergola-covered patio, kitchen, dining areas, and full restaurant infrastructure already installed.
Where is this conventional restaurant located?
The property is located at 698 Santa Fe Drive Denver, CO.
What are key features of this property?
This property features: Freestanding full‑service restaurant building remodeled and expanded from a storefront into a purpose‑built restaurant; 1,011 SF pergola‑covered patio with garage doors; Restaurant buildout includes large bar area and dining room, spacious kitchen, private dining room, and large functional basement
More about this property
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