747 Santa Fe DR, Denver, CO 80204
747 Santa Fe DR, Denver, CO 80204
747 Santa Fe DR, Denver, CO 80204
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$1,999,950
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8,798 Sqft Lot
Active

747 Santa Fe DR Denver, CO 80204

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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

Year Built 1900

Lot Size 8,798 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

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.

Location

State CO

County Denver

Zoning C-MS-5

Exterior

Waterfront Description Public

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Others

Tax ID 5044-21-019


REColorado MLS
Listed byLegacy 100 Real Estate Partners LLC

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 829-7724

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TESTIMONIALS

Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.

James

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747 Santa Fe DR