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$1,999,950
707 Days On Site

747 Santa Fe Drive
Denver, CO 80204

For Sale|Retail|Active
0
Beds
0
Total Baths
15,000
SqFt
$133
/SqFt
1900
Built
County:
Denver
747 Santa Fe Drive747 Santa Fe Drive747 Santa Fe Drive747 Santa Fe Drive
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BEST GALLERY ON SANTA FE! Cash flow today. Redevelopment upside tomorrow. In the heart of Denver’s Art District on Santa Fe, this legacy art gallery gives investors and developers two ways to win: collect income now, or build up to five stories. Immediate income upside: · All 30 studio spaces are on month-to-month terms · Rents average roughly $300 per month below market · No long-term leases to wait out, so a new owner can move rents to market right away · No capital improvements required to capture the upside (potential pro forma) Redevelopment potential: · Zoning allows for a five-story building, ideal for apartments, condos, or mixed use · First-floor retail could be converted to retail condos or leased at market rates · Just blocks from the Denver Broncos Stadium redevelopment · High-demand area in one of Denver’s most vibrant creative districts Property features: · Studio space with a retail storefront, currently leased as a showroom and artist studios · 10 parking spaces in the back · Basement with ramp access · Recently updated fire escape that meets all code requirements Whether you’re after a cash-flowing asset or a ground-up development play, this one is hard to find and easy to picture. Schedule your showing today to explore the possibilities. Financials available upon request.

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Listing Snapshot
Price 
$1,999,950
Days On Site 
707 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1900
MLS Number 
1981393
Status 
Active
Property Tax 
$54,160.76
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
10 months agoPrice changed to $1,999,950
2 years agoListing first seen on site
General Features
Acres 
0.2
Additional Property Use 
CommercialOfficeRetail
Parking Spaces 
10
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
15000
Style 
Traditional
Water Source 
Public
Zoning 
C-MS-5
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Legacy 100 Real Estate Partners LLC jmweichselbaum@gmail.com



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Legacy 100 Real Estate Partners LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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