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$ 1,195,000
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1600 Steele ST Denver, CO 80206
4,687 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6845456
HOA Y/N No
Year Built 1905
Annual Tax Amount $9,235
Tax Year 2025
Lot Size 4,687 Sqft
Acres 0.11
Property Sub-Type Commercial Land
Source recolorado
Property Description
Exceptional opportunity in highly desirable South City Park! A 4,690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for investors, developers, or buyers looking to build equity through renovation. Whether you're envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning opens the door to a variety of possibilities. Buyer to verify zoning, use, grandfathered status, rents, leases, unit configuration, and future rental options.
The Denver Square has been thoughtfully converted into 2 separate units and 4 large one bedroom apartments were added behind. A gigantic 7th unit is in the basement. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler, gas & electricity are separately metered, on-site laundry.
This property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth.1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park with easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!!!
The Denver Square has been thoughtfully converted into 2 separate units and 4 large one bedroom apartments were added behind. A gigantic 7th unit is in the basement. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler, gas & electricity are separately metered, on-site laundry.
This property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth.1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park with easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!!!
Location
State CO
County Denver
Zoning U-TU-B UO-3
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Sewer Connected
Garage No
Building
Lot Description Corner Lot, Level, Near Public Transit
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by American City Real Estate