Overview

5-unit Development Opportunity less than 2 blocks from RTD Transit Station and near Sloan's Lake, and the redevelopment taking place on W. Colfax. This offering includes the 50x125 foot lot zoned GMU-5, currently containing an income producing duplex, and written authorization by a Colorado Registered Architect to use the design concept, approved by C&C of Denver for 5- two bedroom, 2 bath units each 1115 sq. ft., each with a dedicated parking space. Seller has obtained Architecture and Engineering proposals along with preliminary construction estimates that will be shared with potential buyers. City and Mountain views await. Adjacent properties are zoned GMU-5. Do the numbers. This is a great opportunity to develop a project and market/sell in the low to mid $300's with an excellent profit margin.

Location

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Neighborhood

West Colfax

West Colfax (80)

Property Details

  • Days on PL 296
  • Parking 1 Spaces
  • Lot Size 6,250 SF (0 Acres)
  • PSF
  • MLS ID 6553111
  • Type Land
  • Style
  • Architecture
  • Structure Type
  • Seller Individual
  • Above Grade sqft SF
  • Finished sqft FSF
  • Total sqft TSF
  • Hoa Fees None
  • Year Built
  • Faces West
  • Amenities Mountain View, Near Public Transit

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School
  • Junior High School
  • High School
  • Zoned G-MU-5
  • Taxes $861
  • County Denver
  • Heat Delivery
  • Heat Fuel
  • Cooling
  • Water Public
  • Sewer Public
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction

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