STANDALONE RESTAURANT PROPERTY
300 N SANTA FE DRIVE, DENVER, CO 80223
SALE CLOSED APRIL 24, 2O24
This standalone restaurant property is ideally located in Denver's vibrant Santa Fe Arts District on the corner of Santa Fe Drive and 3rd Avenue. Currently operating as a neighborhood quick service restaurant, this asset provides opportunities for pizza, burgers, tacos, a bakery, or a sports bar. Food truck operators looking to add a storefront, commissary kitchen, and easy-access parking will find this site ideal. This location sees a steady flow of local pedestrian and vehicle traffic daily.
The floor plan is functional, allowing for close connectivity with patrons and staff. Windows throughout the space provide plenty of natural light, and a large covered patio offers additional seating and event space. A large basement provides extra storage and prep space. The kitchen and equipment are spotless and in excellent condition. An existing restaurant/hotel liquor license is transferrable to the new owner.
Note that the business is not for sale.
SALE PRICE: $1,325,000 | 2,118 SQUARE FEET | TRANSFERRABLE LIQUOR LICENSE | FF&E AVAILABLE
Call 970 618 6257 to schedule a tour!
Property Overview
Building Type | Retail - Restaurant
Building Size | 2,118 SF + Covered Patio and Basement
Lot Size | 10,420 SF / 0.24 AC
Parking | 15 Surface Spaces
Year Built/Remodeled | 1927/2021
Zoning | U-MS-3
Liquor License | Hotel & Restaurant - Active and Transferrable
Floor Plan
Furniture, Fixtures, & Equipment
Hood System
Frier
Grill
3-Bay Steam Table
Beverage Cooler
Stand-Up Refrigerator
Walk-In Cooler
Chest Freezers
Meat Slicer
Tables & Chairs
Shelving
Washer/Dryer
Pricing for these items is negotiable, and ownership will be conveyed via a separate bill of sale.
The building does not have a grease trap in place. The previous operator had a variance from the City and County of Denver and operated using single-use service items.
About the Site
This outstanding corner location offers unmatched potential.
The large 0.24 acre (10,420 square foot) lot provides highly desirable parking for patrons and staff and can be fenced to secure a flourishing food truck operation. With on-ramps to 6th Avenue and Interstate 25 just minutes away, this site is perfectly positioned for a delivery-focused concept or commissary kitchen that drivers can access quickly and efficiently while servicing several of Denver’s fastest-growing and most desirable neighborhoods.
The Denver U-MS-3 Zoning designation allows for a number of flexible uses, offering the new owner an array of opportunities for future development.
Traffic & Demographics
Over 10,000 vehicles pass the site each day
146.9K visits per year from 56.4k visitors, each visiting 2.6 times
Visitors spend an average of 66 minutes at the site
Visits are up 6.8% in 2023 versus 2021 and 5.8% over 2020
The median household income is $71.4k per year, and 30% of the site’s visitors earn between $50k and $100k per year
The median age is 37 years old
Over 25% of the site’s visitors have a Bachelor’s Degree
40% of the nearby households consist of one person, and 30% consist of two people
Fridays and Saturdays are the busiest day of the week, with over 25k unique visitors coming to the area on average
The visitors in this area’s favorite restaurants are El Tazumal Restaurant, In-N-Out Burger, Punch Bowl Social, ViewHouse Ballpark, Smokin’ Yards BBQ, Buffalo Wild Wings, and Texas Roadhouse.
The vast majority of the site’s visitors arrived via Interstate 25
This data was generated using Placer.ai, which analyzes data from 30M+ mobile devices and is based on visitor activity in the area over the past 12 months within 500 feet of the site. Updated October 2023.
Visitor Journey
A key indicator that highlights the suitability of this location for restaurant concepts is the data shown in the Visitor Journey analysis. This information shows us where people are coming from and going to prior to and post visiting the site. In this area, a large percentage are en route to dining, leisure, shops, and services. This vibrant location is a hub for people who are frequently out to enjoy great food, beverages, and atmosphere.
This data was generated using Placer.ai, which analyzes data from 30M+ mobile devices and is based on visitor activity in the area over the past 12 months within 500 feet of the site. Updated October 2023.
Art District on Santa Fe
The Santa Fe Drive corridor stretches from Alameda Avenue to the north, 13th Avenue to the south, and Kalamath to Inca from west to east. The area is a vibrant destination within Denver, comprised of a unique mix of art galleries, independent shops and retail, bars and restaurants, theaters, offices, cultural institutions, and residential developments.
Artists, designers, and creative enterprises live and work in the area. Santa Fe Drive also connects residents to essential neighborhood amenities and destinations, including parks, schools, cultural facilities, employment, and transit stops and stations.
The arts scene makes it a popular destination, particularly on First Fridays — a celebration of the arts with open galleries and large groups of people wandering in and out of galleries and restaurants on foot along the corridor.
Santa Fe is also a vital corridor within the Denver transportation network, providing access to downtown, the Auraria Campus, La Alma/Lincoln Park, and surrounding neighborhoods via US-6 and I-25. It is a critical link between downtown, 6th and 8th Avenues, and I-25, providing connections for people in the surrounding neighborhoods and the greater Denver community.
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Denver is the capital and most populous municipality of Colorado, as well as the county seat of Denver County. Denver is located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. The Denver downtown district is immediately east of the confluence of Cherry Creek with the South Platte River, approximately 12 miles east of the foothills of the Rocky Mountains.
The 10-county Denver-Aurora-Lakewood, CO Metropolitan Statistical Area is the 19th most populous in the U.S., while the broader 12-county Denver-Aurora, CO Combined Statistical Area has an estimated population of more than 3.4 million residents and is the 16th most populous U.S. metropolitan area.
This bustling metropolis, one of the fastest-growing in the U.S., is set against the backdrop of the Colorado Rocky Mountains and is widely recognized for its exceptional balance of a thriving economy, healthy lifestyle, and urban and natural amenities. With appealing business opportunities for corporate employers and entrepreneurs, award-winning transit and mobility, and excellence in education, Denver is strengthening its reputation as one of America’s most livable cities.
At Henry Group, our clients are at the heart of everything we do. Our complete approach to commercial real estate is driven by the collective decades of experience our team members bring to the table and our genuine desire to help our clients achieve their goals.
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