1240 Speer BlvdDenver, CO 80204
- Industrial properties
- 3,241 SF
Property Details for 1240 Speer Blvd
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 3,241 SF
- Zone code
- D-GT
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 05034-08-003-000
- APU
- 503408003000
Description
This exceptional 3,003-square-foot creative office space at 1240 Speer Boulevard in Denver, Colorado, presents a unique owner-user opportunity. Currently vacant, this mixed-use property offers significant potential for redevelopment. Built in 1948, the single-story building sits on a 0.1-acre lot and boasts a D-GT zoning designation, allowing for redevelopment up to 25 stories. The asking price is $1,100,000, translating to $366.30 per square foot. The property's versatile layout is suitable for a variety of uses, including retail and industrial applications, making it an ideal location for businesses seeking a blend of storefront and workshop space. Its prime location in Denver's Golden Triangle ensures high visibility and accessibility. The property is currently vacant, providing immediate occupancy for the new owner. This presents a rare chance to acquire a strategically located asset with substantial upside potential in a thriving Denver neighborhood. The property's zoning and size offer significant flexibility for future development and expansion. Don't miss this opportunity to own a piece of Denver's vibrant urban landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $886,339
- Hospitality
- $811,882
- Educational
- $675,476
- Medical
- $698,707
- Retail
- $1,050,740
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7361
- Longitude
- -104.995
- 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
FAQs
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