Homes for sale - 747 Santa Fe DR, Denver, CO 80204

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$2,500,000

Est. payment - /mo

8,798 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1981393

Style Traditional

HOA Y/N No

Originating Board recolorado

Year Built 1900

Annual Tax Amount $54,228

Tax Year 2024

Lot Size 8,798 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

Located in the heart of Denver's vibrant Art District on Santa Fe, this property offers an incredible redevelopment opportunity. Currently utilized as studio space with a retail storefront, it features below-market rents and sits in a high-demand area. With zoning allowing for a five-story building, the possibilities are endless—ideal for apartments, condos, or a mix of uses. The first-floor retail space could be converted into retail condos or leased at market rates, adding significant value. The property includes 10 parking spaces in the back, a basement with ramp access, and an existing elevator shaft for easy installation of another elevator. A recently updated fire escape meets all code requirements. Additionally, the strong demand for climate-controlled storage presents another profitable avenue. Currently leased as a showroom and artist studios, this property is primed for increased revenue potential. Financials are available upon request. Schedule a showing today to explore the possibilities!

Location

State CO

County Denver

Zoning C-MS-5

Interior

Fireplace N

Exterior

Total Parking Spaces 10

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Legacy 100 Real Estate Partners LLC • jmweichselbaum@gmail.com,303-888-4900

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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