1240 Speer Blvd - Freestanding FOR SALE


Denver, CO 80204- Golden Triangle
$1,200,000 USD
303-779-5600
1240 Speer Blvd, Denver, CO for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

1240 Speer Blvd
Denver, CO 80204
Golden Triangle


HIGHLIGHTS

  • Rare opportunity to acquire a freestanding 3,007-square-foot, one-story commercial building in Denver’s highly sought-after Golden Triangle neighborho

OVERVIEW

The building has been refreshed with newly painted walls and floors and features two remodeled restrooms, creating a clean, move-in-ready environment suitable for a wide variety of commercial or creative uses. Its open layout makes it ideal for a private automobile gallery or collector car storage, showroom, office, studio, fitness concept, retail, design center, event venue, or other entrepreneurial ventures. What truly sets this property apart is its highly desirable D-GT (Downtown Golden Triangle) zoning. This flexible zoning district allows for both commercial and residential development, offering significant upside for investors and developers. While zoning permits buildings up to 25 stories, a preliminary feasibility study indicates the site’s footprint could realistically accommodate approximately a 12-story mixed-use development, creating tremendous future value in one of Denver’s fastest-growing urban neighborhoods. Whether you’re looking for a unique owner-user property, an investment with redevelopment potential, or a strategic land acquisition in the heart of the city, 1240 Speer Boulevard offers an exceptional combination of location, flexibility, and long-term opportunity.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Speer Auto Gallery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

D-GT

APN/PARCEL ID

5034-08-003

ASK ABOUT THIS PROPERTY

Joe ManzanaresThe Devonshire CompanyMore Info
303-779-5600

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Joe ManzanaresThe Devonshire CompanyMore Info
303-779-5600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.