1751 Franklin StDenver, CO 80218

Property Details for 1751 Franklin St

Year built

1922

Property size (Sq ft)

4,521 SF

Property type

Office properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property at 1751 Franklin Street in Denver, Colorado, presents a unique investment opportunity for developers and owner-users. The 4,521 square foot building, constructed in 1922, sits on a 9,466 square foot lot and is currently zoned G-RO-5, allowing for a variety of development options including urban housing, duplexes, townhomes, and apartments. The asking price is $1,499,000, translating to a land value of $158 per square foot. The existing structure offers immediate income potential as a leaseable property, featuring 11 private offices, three bathrooms, a conference room, a kitchenette, a three- to four-car garage, and additional basement storage. The building boasts abundant natural light and offers socially distanced private office spaces. Its prime location is just one block from the Saint Joseph Hospital campus and seven blocks from City Park, benefiting from the surrounding neighborhood's growth, with 1,819 new multi-family units currently planned and under construction nearby. This property offers a compelling blend of immediate income generation and significant long-term redevelopment potential in a thriving Denver neighborhood. The property is classified as Class C.

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7443

Longitude

-104.969

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