Overview

***PRIME DEVELOPMENT OPPORTUNITY*** 6245 SF lot zoned G-MU-3. Architectural site development plan (SDP) approval from the City of Denver has been issued, Mylars recording # 2018144451. This puts this property on a fast track to obtain a building permit and commence construction. The SDP includes 4 townhouses, each consisting of 1650 square feet and a rooftop deck. Of significance, this property type (a/k/a slot homes) pre-dates the new zoning amendment; it is no longer possible to develop 4 townhouses of this size on a similar lot with G-MU-3 zoning. In addition, the property is within the "Opportunity Zone". Further, this property is currently tenant occupied with a monthly rent of $1750; updates to the interior were made in 2015. This allows the buyer to be patient with putting this property in their development cue while concurrently receiving rent and obtaining a building permit. An electronic copy of the SDP submittal and photos of the interior are available upon request.

Location

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Neighborhood

West Colfax

West Colfax (86)

Property Details

  • Days on PL 347
  • Parking 6 Spaces
  • Lot Size 6,250 SF (0 Acres)
  • PSF $605
  • MLS ID 2409738
  • Type Residential
  • Style
  • Architecture A-Frame
  • Structure Type Ranch/1 Story
  • Seller Individual
  • Above Grade sqft 768 SF
  • Finished sqft 768 FSF
  • Total sqft 1,152 TSF
  • Hoa Fees None
  • Year Built 1921
  • Faces West
  • Amenities City View

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School Eagleton
  • Junior High School Strive Lake
  • High School North
  • Zoned G-MU-3
  • Taxes $1,567
  • County Denver
  • Heat Delivery Forced Air
  • Heat Fuel Gas
  • Cooling Other
  • Water Public
  • Sewer Public
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction 1921

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