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4595 S Santa Fe Dr

5,293 SF Retail Building Englewood, CO 80110 $5,000,000 ($945/SF)

Investment Highlights

  • Excellent visibility off of South Santa Fe---over 65,000 VPD
  • Freestanding Retail building with two fireplaces---old Mexican Restaurant
  • City has indicated favorable sentiment toward a rezone to Residential
  • Large Pylon Signage
  • Unlimited build height under I-1 Zoning

Executive Summary

Key opportunity to utilize this freestanding retail or scrape and build. Ideal location off of South Santa Fe Drive (65,000 VPD). Comps nearby reflect high value for this area. No limit on building height allowance for any structure allowed under I-1 including Office, Car Dealership tower, Self Storage tower, or parking tower. Other allowed uses include C-Store, Grocery, Gas Station, Cannabis, Live/work, Hookah Lounge, Physical Fitness, Check Cashing, Bank, Brew Pub, Medical Clinic, Hospital, Dry Cleaner, Tattoo Shop, General Retail, Adult Use, Parking Facility, Auto Sales and more.

City of Englewood has indicated that a rezone to Residential will be favorably considered. Another parcel nearby sold for a higher price and is now a lucrative high-rise.
Adjacent parcels can also be acquired for assemblage---making a perfect gas station spot. Total acreage of this parcel is .99AC including a .24 AC easement on east side. All information provided to be verified by purchaser.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,293 SF
Building Class
C
Year Built
1961
Price
$5,000,000
Price Per SF
$945
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
I-1 - Flexible Englewood Industrial (I-1) zoning allows gas station, convenience store, retail sales, liquor store, marijuana uses, all office uses, storage
Parking
24 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
152 FT on Union Ave

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Nearby Major Retailers

CrossFit
Huntington National Bank
Starbucks
KeyBank
Black Rock Coffee Bar
King Soopers
CorePower Yoga
Planet Fitness
U.S. Bank
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2077-09-2-00-149
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,607
  • Listing ID: 32454648

  • Date on Market: 7/13/2024

  • Last Updated:

  • Address: 4595 S Santa Fe Dr, Englewood, CO 80110

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