For Sale
$1,595,000

1523 Market StDenver, CO 80202

12,755 SF Mixed-Use Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12,755-square-foot mixed-use property, located at 1523 Market Street in Denver, Colorado, presents a unique value-add investment opportunity. The building, constructed in 1958 and boasting three stories, sits on a prime location in Denver's central business district, offering unparalleled access to the city's vibrant amenities. Currently vacant, this property is zoned D-LD, allowing for a wide range of uses including retail, office, residential, and hospitality. The building has been deconstructed to its original brick and timber shell, providing a blank canvas for a creative renovation. This presents a rare chance to create a truly bespoke property in a highly sought-after area. The building's proximity to key landmarks such as The River Mile development, Larimer Square, Coors Field, Union Station, the 16th Street Mall, Ball Arena, Metropolitan State University of Denver, the Colorado Convention Center, and Confluence Park, ensures high visibility and strong potential for future growth. The asking price is $1,595,000, translating to $125.05 per square foot. The potential for a rooftop deck adds further value to this already compelling investment. This is a chance to capitalize on Denver's thriving real estate market and create a landmark property in a dynamic urban setting. The property's existing structure and flexible zoning provide a multitude of development possibilities, making it an ideal investment for discerning buyers seeking a high-return opportunity in a prime Denver location.

Highlights

  • Downtown Denver location.
  • Historic brick and timber shell; fully deconstructed.
  • 1886 construction.
  • D-LD zoning.
  • Four-story building (including lower level).
  • Rooftop deck potential.

Property Details for 1523 Market St

Property type
Retail properties, Office properties
Square Feet
12,755 SF
Year Built
1958
Buildings
1
Stories
3

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7495882
Longitude
-104.999432
1523 Market St, Denver, Colorado

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1523 Market St
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