242 Santa Fe Dr - Office FOR SALE


Denver, CO 80223- Baker
$7,200,000 USD
303-765-4344
242 Santa Fe Dr, Denver, CO for Sale
$7,200,000 USD
Office - FOR SALE
1/3
null | 6.06% Cap Rate

242 Santa Fe Dr
Denver, CO 80223
Baker


OVERVIEW

Introducing an incredible urban investment or redevelopment opportunity in Denver's lively Baker neighborhood! Presenting City Block on Santa Fe, located at 212-242 Santa Fe Drive. This property boasts a 28,000 SF building with multi-tenant occupancy, offering an attractive Cap Rate of 6.06% and a NOI of $436,000. Priced at $7.2 million, this site with a lot size of 40,429 SF holds immense redevelopment potential. Situated just blocks away from Denver's renowned Santa Fe Art District and Downtown, this property is a gem for investors seeking to capitalize on the area's vibrant culture and convenient amenities. The Baker neighborhood is a hub of eclectic businesses, charming historic homes, and diverse dining options along Broadway's Main Street. With a high walkability score and easy access to public transportation, City Block on Santa Fe offers the perfect blend of functionality and location. Don't miss out on this prime real estate opportunity!

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

6.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

212-246 N Santa Fe Drive

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,429 SF

ZONING

I-MX-5, UO-2

APN/PARCEL ID

5091-22-028

ASK ABOUT THIS PROPERTY

John FairbairnFairbairn Commercial, Inc.More Info
303-765-4344

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John FairbairnFairbairn Commercial, Inc.More Info
303-765-4344

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