424 Lipan St Denver, CO 80204
- Warehouses
- 5,857 SF
- 0.68 lot acres
Current Use by Public Records
- Urban Hardwood Furniture / Furniture Store
Property Details for 424 Lipan St
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.68 lot acres
- Property size
- 5,857 SF
- Zone code
- I-MX-5
- Property type
- Warehouses
- APN
- 05091-06-031-000
- APU
- 509106031000
Description
This exceptional 7,600 square foot industrial distribution center, located at 424 Lipan Street in Denver, Colorado, presents a unique investment opportunity. Built in 1952 and extensively renovated in 2020, the property boasts a five-story structure situated on a substantial 29,666 square foot lot. The asking price is $5,191,000, translating to $174.98 per square foot. The property is zoned I-MX-5, allowing for a variety of uses and development potential up to 70 feet (5 stories). Its prime location in Denver's Baker neighborhood offers easy access to major transportation arteries, including I-25 and 6th Avenue Freeway. The surrounding area is experiencing significant growth, with a multi-family development currently underway just one block north. The warehouse features a new roof installed in 2020. This infill development opportunity is within walking distance of popular amenities such as the Movement Climbing Gym, the Santa Fe Arts District, and numerous restaurants. The property's versatility and strategic location make it an ideal choice for developers and users seeking a thriving Denver location. The property's zip code is 80204.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.001
- Latitude
- 39.723
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
