745 Federal Blvd
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745 Federal Blvd
4,174 SF 100% Leased Office Building Denver, CO 80204 $1,500,000 ($359/SF)
Investment Highlights
- Zoned U-MX-3 for versatile adaptive reuse/redevelopment opportunities
- Minutes from Downtown Denver
- Located almost immediately next to 6th Avenue
- Can be used as a commercial kitchen
Executive Summary
Discover a prime owner/user opportunity at 745 N. Federal Blvd., where. This property, once a home built in 1934, is ideally located near 6th Ave, offering a fully built-out loft on the top floor and a basement space perfect for an apartment for an owner/user. The main floor, previously used for cannabis extraction, presents versatile options for office or small commercial kitchen use. Meticulously updated by the owner, this property also provides rear parking and is situated in an Enterprise Zone. With the option to acquire cannabis manufacturing licenses and a medical marijuana sale license, this superbly located property offers an outstanding opportunity for owner/users seeking a distinctive space in a prime Denver location.
The property at 745 N. Federal Blvd. offers a prime location right by 6th Ave. and I-25 in Denver, Colorado with convenient access to the city's amenities. The property, formerly a home built in 1934, is situated in an Enterprise Zone, providing potential tax benefits for the owner or investor. The surrounding area is a mix of residential and commercial spaces, offering a versatile environment for various business endeavors. With easy access to major roadways, nearby points of interest, and the potential for live-work opportunities, this location is superb for those seeking a unique property and promising potential for growth and development.
Additional Highlights
* 6 parking spots
* 3-phase electrical (120/208V)
* handicap accessible ramp to main level
* 3 live/work or apartment rentals on all three floors
* Enterprise Zone
* HUB Zone
The property at 745 N. Federal Blvd. offers a prime location right by 6th Ave. and I-25 in Denver, Colorado with convenient access to the city's amenities. The property, formerly a home built in 1934, is situated in an Enterprise Zone, providing potential tax benefits for the owner or investor. The surrounding area is a mix of residential and commercial spaces, offering a versatile environment for various business endeavors. With easy access to major roadways, nearby points of interest, and the potential for live-work opportunities, this location is superb for those seeking a unique property and promising potential for growth and development.
Additional Highlights
* 6 parking spots
* 3-phase electrical (120/208V)
* handicap accessible ramp to main level
* 3 live/work or apartment rentals on all three floors
* Enterprise Zone
* HUB Zone
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,174 SF
Building Class
C
Year Built
1934
Price
$1,500,000
Price Per SF
$359
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,391 SF
Slab To Slab
11’
Building FAR
0.64
Lot Size
0.15 AC
Zoning
E-MX-3 - E-MX-3, UO-2, UO-3
Parking
6 Spaces (1.55 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 5082-00-005 | Improvements Assessment | $204,590 |
| Land Assessment | $64,730 | Total Assessment | $269,320 |
PROPERTY TAXES
Parcel Number
5082-00-005
Land Assessment
$64,730
Improvements Assessment
$204,590
Total Assessment
$269,320
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745 Federal Blvd
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