Commercial Sale · Active
Denver, CO 80204
$1,999,950
Retail
Property Type
0.2 acres
Lot Size
1900
Year Built
1981393
MLS #
About This Property
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.
696 days on market
Listed by Jim Weichselbaum & Julia Weichselbaum · Legacy 100 Real Estate Partners LLC · jmweichselbaum@gmail.com,303-888-4900
Property Details
| Property Type | Commercial Sale |
| Sub Type | Retail |
| Status | Active |
| MLS # | 1981393 |
| Days on Market | 696 |
| Year Built | 1900 |
| Lot Size (Sq Ft) | 8,798 |
| Acres | 0.2 |
| Annual Taxes | $54,161 |
| State | CO |
| County | Denver |
| Zoning | C-MS-5 |
| Architectural Style | Traditional |
| Construction | Brick |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 11/29/2024 |
Listed for sale Source: REcolorado® #1981393 |
$1,999,950 |
Based on information submitted to the MLS GRID as of October 26, 2026 at 2:05 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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