Listed By:
Price & Co. Real Estate;
Address
878 S Lipan Street, Denver, CO
Price
$ 1,150,000
Property Attributes
  • MLS#6440210
  • TypeCommercial
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • Zip80223
  • StyleFree Standing
  • Year Built1956
  • Taxes$ 23003
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7200
  • Lot Size0.21 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Exceptional opportunity to acquire a versatile 7,200-square-foot freestanding commercial/industrial property in Denver’s coveted industrial corridor just off Santa Fe Drive. Zoned I-MX-3 and configured for a variety of commercial uses, the property offers a flexible mix of office, warehouse and industrial space with drive-in access, eight garage spaces and ample off street parking. The property is currently occupied by multiple tenants, providing an attractive opportunity for an investor seeking an income producing asset with future flexibility. Eight total units allow for a diverse tenant mix, while the building’s functional layout lends itself to office, warehouse, construction, service and other industrial/commercial uses. Situated on a level 0.21-acre site with excellent access to Santa Fe Drive and Denver’s major transportation corridors, this location puts businesses within easy reach of Downtown Denver and the greater metro area. With established tenancy, flexible I-MX-3 zoning and a highly sought-after infill industrial location, 878 S Lipan Street presents a compelling opportunity for investors and commercial buyers alike.

Price History
8/21/2026 Listed $1,150,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Connected,Natural Gas Connected
Possession Negotiable,Rental Agreement
Roof Membrane
Zoning I-MX-3
Garage Spaces 8
Security Features Smoke Detector(s)
Construction Materials Block,Concrete
Exclusions Seller's & Tenants Personal Property
Year Built 1956
Electric 220 Volts
Stories Count 1
Property Subtype Industrial
Tax Year 2025
Current Use Commercial,Construction,Industrial,Medical/Dental,Office,Utilities,Warehouse
County Denver
Property Type Commercial Sale
Attached Garage Yes
Building Features Drive Indoors
Status Active
Directions GPS
City Denver
Number Of Units Total 8
Lot Size Units Acres
Lot Size Square Feet 9147.6
Listing Terms Cash,Conventional
Tax Annual Amount 23003
NumberOfUnitsVacant 2
Lease Considered Y/N No
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 10.01

Exterior Features

Parking Features Asphalt,Exterior Access Door,Lighted,Oversized Door
Lot Features Level
Water Source Public
Total Parking 22
Lot Size Area 0.21
Building Area Total 7200
Lot Size Acres 0.21
Road Surface Type Paved
Door Features Drive In Door(s)
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80223

Price
AVG $1.4M
$1.15M
Taxes
AVG $20,031
$23,003
Year Built
AVG 1958
1956
Visits
AVG 121
7
Data Provided by Inside Real Estate®