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Speer Auto Gallery 1240 Speer Blvd 3,007 SF Retail Building Denver, CO 80204 $1,200,000 ($399.07/SF)



Investment Highlights
- Rare opportunity to acquire a freestanding 3,007-square-foot, one-story commercial building in Denver’s highly sought-after Golden Triangle neighborho
Executive Summary
The building has been refreshed with newly painted walls and floors and features two remodeled restrooms, creating a clean, move-in-ready environment suitable for a wide variety of commercial or creative uses. Its open layout makes it ideal for a private automobile gallery or collector car storage, showroom, office, studio, fitness concept, retail, design center, event venue, or other entrepreneurial ventures.
What truly sets this property apart is its highly desirable D-GT (Downtown Golden Triangle) zoning. This flexible zoning district allows for both commercial and residential development, offering significant upside for investors and developers. While zoning permits buildings up to 25 stories, a preliminary feasibility study indicates the site’s footprint could realistically accommodate approximately a 12-story mixed-use development, creating tremendous future value in one of Denver’s fastest-growing urban neighborhoods.
Whether you’re looking for a unique owner-user property, an investment with redevelopment potential, or a strategic land acquisition in the heart of the city, 1240 Speer Boulevard offers an exceptional combination of location, flexibility, and long-term opportunity.
What truly sets this property apart is its highly desirable D-GT (Downtown Golden Triangle) zoning. This flexible zoning district allows for both commercial and residential development, offering significant upside for investors and developers. While zoning permits buildings up to 25 stories, a preliminary feasibility study indicates the site’s footprint could realistically accommodate approximately a 12-story mixed-use development, creating tremendous future value in one of Denver’s fastest-growing urban neighborhoods.
Whether you’re looking for a unique owner-user property, an investment with redevelopment potential, or a strategic land acquisition in the heart of the city, 1240 Speer Boulevard offers an exceptional combination of location, flexibility, and long-term opportunity.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
- Miscellaneous
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,007 SF
Building Class
C
Year Built
1948
Price
$1,200,000
Price Per SF
$399.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.10 AC
Zoning
D-GT - D-GT is one of Denver County's most coveted zonings. This zoning warrants development up to 25 stories.
Parking
6 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
300’ on SPEER BLVD
Amenities
- Fenced Lot
- Signage
- Storage Space
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5034-08-003 | Improvements Assessment | $241,920 |
| Land Assessment | $241,920 | Total Assessment | $242,190 |
Property Taxes
Parcel Number
5034-08-003
Land Assessment
$241,920
Improvements Assessment
$241,920
Total Assessment
$242,190
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Speer Auto Gallery | 1240 Speer Blvd
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