1940 Bannock StDenver, CO 80223
- Manufacturing properties
- 2,426 SF
Property Details for 1940 Bannock St
- Year built
- 1954
- Construction
- STEEL FRAME
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 2,426 SF
- Zone code
- I-A
- Property type
- Manufacturing properties
- APN
- 05272-02-024-000
- APU
- 527202024000
Description
This exceptional 6,250 square foot lot, located at 1940 South Bannock Street in Denver, Colorado, presents a compelling investment opportunity. The property features a 2,425 square foot building situated on a 50' x 125' lot, currently zoned I-A. The asking price is $12,000,000, translating to $1,920 per square foot. Built in 1954, this single-story structure offers significant potential for redevelopment or renovation. Its prime location is adjacent to the 278-unit Hanover Evans Station apartment complex, placing it within easy walking distance of the Evans Station Light Rail, a key component of the area's Transit-Oriented Development (TOD) redevelopment. The property's proximity to this high-density residential neighborhood makes it ideal for a variety of retail uses, including but not limited to, a bar, restaurant, or other retail service establishment. The annual property taxes are $9,653.78. The potential for a larger land assemblage exists, adding further value to this already attractive investment. This property represents a unique chance to capitalize on the growth and revitalization of the Overland neighborhood. The property is classified as Class C and is currently used as an auto shop, convenience store, and storefront.
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.6813
- Longitude
- -104.99
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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