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    1751 Franklin St Denver, CO 80218

    Sponsored
    For Sale
    $1,499,000

    Prime Denver location, redevelopment potential.

    Property size:
    4,521 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 1751 Franklin Street in Denver, Colorado, presents a unique investment opportunity for developers and owner-users. The 4,521 square foot building, constructed in 1922, sits on a 9,466 square foot lot and is currently zoned G-RO-5, allowing for a variety of development options including urban housing, duplexes, townhomes, and apartments. The asking price is $1,499,000, translating to a land value of $158 per square foot. The existing structure offers immediate income potential as a leaseable property, featuring 11 private offices, three bathrooms, a conference room, a kitchenette, a three- to four-car garage, and additional basement storage. The building boasts abundant natural light and offers socially distanced private office spaces. Its prime location is just one block from the Saint Joseph Hospital campus and seven blocks from City Park, benefiting from the surrounding neighborhood's growth, with 1,819 new multi-family units currently planned and under construction nearby. This property offers a compelling blend of immediate income generation and significant long-term redevelopment potential in a thriving Denver neighborhood. The property is classified as Class C.

    Property Features for 1751 Franklin St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,521 SF
    Class
    C

    Building Details

    Year Built
    1922

    HighLights

    • 1,819 new multi‑family units are under construction in the immediate vicinity.
    • One block from Saint Joseph Hospital and seven blocks from City Park.
    • Abundant natural light and socially distanced private offices in an office building.
    • Features 11 private offices, three bathrooms, a conference room, kitchenette, three- to four‑car garage, and basement storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Denver Roofing Works Roofing Contractor Roger Moore Law ... Legal Services

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9688673
    Latitude
    39.7442518

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Denver location, redevelopment potential.
    Where is this office property / space located?
    The property is located at 1751 Franklin St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: 1,819 new multi-family units are under construction in the immediate vicinity.; One block from Saint Joseph Hospital and seven blocks from City Park.; Abundant natural light and socially distanced private offices in an office building.
    Request Owner's contact information
    1751 Franklin St Denver, CO 80218
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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
    1751 Franklin St Denver, CO 80218
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