5187 Fillmore St

5187 Fillmore St Denver, CO 80216

5187 Fillmore St, Denver, CO, 80216
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FOR SALE
Property Type:
Warehouse
Amount:
$925,000
Last Verified:
Nov 21, 2024

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Highlights

  • - I-B Zoning
  • - Lot at 5182 Thompson Ct also for sale
  • - Located in an opportunity zone
  • - Former Chevy Parts Shop
  • - Fully Fenced
  • - 2 bays
  • - Approximately .39 acres
  • - 6,107 sf building
  • - Bathroom & Office
  • - Class C
  • - 3 Phase Electrical Hookup Available

Description

Uncover the untapped potential of this prime Industrial property located at 5187 Fillmore St in North Denver, CO. Boasting an 6100 SF building, originally constructed in 1886 and thoughtfully renovated in 2006, this site is strategically situated within an I-B zoned area, offering a plethora of development opportunities. Formerly a Chevy Parts Shop, the property encompasses two spacious bays within a 6,107 SF structure on approximately .39 acres of land. Complete with a fully fenced perimeter, bathroom, office space, and 3-phase electrical hookup availability, this Class C property presents a compelling proposition for discerning investors seeking to capitalize on the burgeoning Industrial real estate landscape

Discover an exceptional investment opportunity in the heart of North Denver. Situated in the thriving 80216 area, 5187 Fillmore St provides easy access to major transportation arteries, including I-70 and I-25, making it a prime location for Industrial, Warehouse, and Distribution investors. Surrounding the property, you'll find a dynamic mix of industrial and commercial businesses. Located near well-known points of interest like the National Western Complex and the Elyria Swansea neighborhood, this area is poised for continued growth and part of the re-development project in north Denver making this an Opportunity Zone and there are tax incentives for business owners who develop in this area.


Year Built: 1886
Building Size: 873sq ft
Building Class: C
Lot Size: 0.39 acres


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Map of 5187 Fillmore St, Denver, CO, 80216

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.