1523 Market St Denver, CO 80202-1607

Property Details for 1523 Market St

Year built

1958

Construction

WOOD

Lot size

0.07 lot acres

Property size

11,040 SF

Zone code

D-LD

Property type

Turn key restaurants

APN

02331-15-015-000

APU

233115015000

Description

This exceptional 12,755-square-foot mixed-use property, located at 1523 Market Street in Denver, Colorado, presents a unique value-add investment opportunity. The building, constructed in 1958 and boasting three stories, sits on a prime location in Denver's central business district, offering unparalleled access to the city's vibrant amenities. Currently vacant, this property is zoned D-LD, allowing for a wide range of uses including retail, office, residential, and hospitality. The building has been deconstructed to its original brick and timber shell, providing a blank canvas for a creative renovation. This presents a rare chance to create a truly bespoke property in a highly sought-after area. The building's proximity to key landmarks such as The River Mile development, Larimer Square, Coors Field, Union Station, the 16th Street Mall, Ball Arena, Metropolitan State University of Denver, the Colorado Convention Center, and Confluence Park, ensures high visibility and strong potential for future growth. The asking price is $1,595,000, translating to $125.05 per square foot. The potential for a rooftop deck adds further value to this already compelling investment. This is a chance to capitalize on Denver's thriving real estate market and create a landmark property in a dynamic urban setting. The property's existing structure and flexible zoning provide a multitude of development possibilities, making it an ideal investment for discerning buyers seeking a high-return opportunity in a prime Denver location.

Location Insight

City

Denver

County

Denver

State

Colorado

Longitude

-104.999

Latitude

39.7495

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments