Description
Primetime infill TOD Transportation Oriented Development site only 200 ft to Perry light rail line! 6250sqft lot zoned G-MU-3 which allows for a high-density multi-family development. This West Colfax neighborhood location has alley access and views of the front range. Perfect for Apartment/Condo's. This is a "covered" land play as the current SFH produces $3200/mo gross income. Seller has feasibility study for 13 unit apartment building based on current zoning. Highest and best use is potentially 24-40 units. New West Area Plan (May 2022) identifies this parcel with the possibility to be rezoned up to 7 stories! Buyer responsible for all due diligence. Fantastic opportunity for a builder that wants to add some much-needed inventory to our Denver real estate market. In this high-capacity transit district you can build 3-story row homes, urban house, Duplex, Townhouse, Garden Court, Apartment with current zoning. Or re-zone to maximize units. Heaps of new city improvements coming, sidewalk widening, lighting, bikeway improvements. There is a 4br/2b SFR on the property, currently rented through the end of June 2022. Perfect roommate house to be rented out during entitlements and permitting. Gas, Electric and Public sewer all on property. Great location to everything. Dry Gulch Park out your front door, playgrounds, community garden, frisbee golf course within minutes. Half a mile Sloan's Lake, short walk to Odell Brewing Sloan's Lake, movie theater, yoga studio, breweries and juice bars. This area is one of the most sought-after locations in Denver. 10 minutes to downtown, and easy access to mountains and DIA. Interior showings will be allowed after accepted contract. Please DO NOT disturb tenants. Documents in supplements tab.
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Offered by Keyrenter Property Management Denver.Description
Primetime infill TOD Transportation Oriented Development site only 200 ft to Perry light rail line! 6250sqft lot zoned G-MU-3 which allows for a high-density multi-family development. This West Colfax neighborhood location has alley access and views of the front range. Perfect for Apartment/Condo's. This is a "covered" land play as the current SFH produces $3200/mo gross income. Seller has feasibility study for 13 unit apartment building based on current zoning. Highest and best use is potentially 24-40 units. New West Area Plan (May 2022) identifies this parcel with the possibility to be rezoned up to 7 stories! Buyer responsible for all due diligence. Fantastic opportunity for a builder that wants to add some much-needed inventory to our Denver real estate market. In this high-capacity transit district you can build 3-story row homes, urban house, Duplex, Townhouse, Garden Court, Apartment with current zoning. Or re-zone to maximize units. Heaps of new city improvements coming, sidewalk widening, lighting, bikeway improvements. There is a 4br/2b SFR on the property, currently rented through the end of June 2022. Perfect roommate house to be rented out during entitlements and permitting. Gas, Electric and Public sewer all on property. Great location to everything. Dry Gulch Park out your front door, playgrounds, community garden, frisbee golf course within minutes. Half a mile Sloan's Lake, short walk to Odell Brewing Sloan's Lake, movie theater, yoga studio, breweries and juice bars. This area is one of the most sought-after locations in Denver. 10 minutes to downtown, and easy access to mountains and DIA. Interior showings will be allowed after accepted contract. Please DO NOT disturb tenants. Documents in supplements tab.
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