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    444 Lipan St Denver, CO 80204

    For Sale
    $1,835,000

    Mixed-use building, 6,048 sq ft, $1.8M

    Property size:
    6,048 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Denver property at 444 N Lipan Street offers a unique investment opportunity. The 6,048-square-foot, two-story mixed-use building sits on an expansive 11,250-square-foot lot and is zoned I-MX-5, allowing for redevelopment up to five stories (70 feet). The building features three drive-in doors, two gated parking lots providing 10 spaces, and presents a live-work space potential. Its prime location in the Baker neighborhood offers easy access to major transportation arteries, including the W. 6th Ave Fwy, Downtown Denver, the Denver Tech Center, and Denver International Airport. The property's versatility allows for use as a single unit or division into two separate units. Adding to its appeal, significant multi-family development is underway just one block north, further enhancing the area's growth potential. The asking price is $1,835,000, with a price per square foot of $303.41. This is an ideal opportunity for owner-users seeking a versatile infill building in a rapidly developing area.

    Property Features for 444 Lipan St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,048 SF
    Lot Size
    490,050,000 SF

    Building Details

    Stories
    2

    HighLights

    • Three drive‑in doors.
    • I‑MX‑5 zoning allows for up to 70‑foot‑high, five‑story development.
    • Two gated parking lots (front and rear).
    • 300+ multi‑family units under construction nearby.
    • Live/work space available.
    • Contact broker for user opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coda Construction Group ... Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.0012741
    Latitude
    39.723368

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building, 6,048 sq ft, $1.8M
    Where is this mixed-use property located?
    The property is located at 444 Lipan St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,835,000.
    What are key features of this property?
    This property features: Three drive-in doors.; I-MX-5 zoning allows for up to 70-foot-high, five-story development.; Two gated parking lots (front and rear).
    Request Owner's contact information
    444 Lipan St Denver, CO 80204
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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
    444 Lipan St Denver, CO 80204
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