1237, 1247, 1257 S Bannock ST new to site

Denver,CO 80223

$ 2325000

- Bed

- Bath

5211 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,211 sqft

Price per Sqft $446

MLS Listing ID 2430793

HOA Y/N No

Year Built 1957

Annual Tax Amount $12,710

Tax Year 2024

Lot Size 0.502 Acres

Acres 0.5

Property Sub-Type Industrial

Source recolorado

Property Description

Unique Properties is proud to offer For Sale an Industrial Zoned Property consisting of three contiguous lots suitable for live/work, with a total land area of 21,870 sf, located in the West Broadway Addition of Denver. This is an area undergoing significant redevelopment addressed as 1237, 1247 and 1257 South Bannock Street, this property is located just south of the intersection of S. Bannock and West Arizona Ave. The current Zoning is I-A (Light Industrial). All three lots have frontage on the west side of S. Bannock Street and can also be served by an alley. Existing improvements consist of a single-family home with a detached garage / shop on a 6,250 sf lot at 1237 South Bannock; another single family home on a 6,250 sf lot at the 1247 South address and a 2,156 sf light industrial building on a 9,370 sf lot at the 1257 South Bannock address. Each of the individual properties are currently leased month-to-month. There is the possibility of extending terms of the leases which may provide income sufficient to offset holdings costs until a re-development concept can be approved. This Central Market area location is easily accessed from South Santa Fe Drive (US 85) or South Broadway via West Florida Ave or West Mississippi Ave.

Location

State CO

County Denver

Zoning I-A

Interior

Fireplace N

Exterior

Garage No

Building

Lot Description Level

Sewer Public Sewer

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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