Start of property details
522 W 14th Avenue
Denver, 80204
FOR
SALE
$5,625,000
For Sale
3,177
Sq.Ft.0.43
AcresMLS# 7004230
Listed on site 101 days since June 22nd, 2023
Property Details
Two owners of adjoining properties - after multiple decades of ownership - have jointly listed their properties for sale. The six corner lots are in the heart of the extremely popular Golden Triangle residential community just one block from the core of Downtown Denver and Cherry Creek. Denver Civic Center and the Denver Art District are only 4 short blocks to the east. The site is easily accessible and walkable to the Sixteenth Street Mall, mass transit and the numerous entertainment venues and amenities of the fantastic Golden Triangle and Downtown Denver. This prime development site has a 150-foot frontage on Fox Street and a 125-foot frontage on 14th Avenue. The properties are zoned D-GT and have a State Capitol View Plane height limitation of 7-stories for residential and mixed-use construction. Two houses, a light industrial building and paid parking lots have short term leases which generate meaningful cash flow during any holding period.Currently, Downtown Denver has an average household income of $113, 565. The average age of residents is 34.3 years with 56% having a bachelors degree or higher. 82% of these residents are non-family households. Younger people want to be where the action is. Bars, restaurants, concerts, entertainment, and residential communities. Downtown is the home of the Broncos, Rockies, Avalanche and Nuggets. In 2021, Denver was ranked as the top city where millennials are moving, the third-best job market, and the fifth-fastest growing large city. See Supplements For Zoning Info. 522 and 528 W 14th Ave and 1360 Fox Street (6 Lots)
Property Highlights
Price
$5,625,000
Property Type
Commercial Sale
Property Sub Type
Multi-Family
Year Built
1947
Acres
0.43
Location
County
Denver
Zoning
D-GT
Property Details
Price
$5,625,000
Property Sub Type
Multi-Family
Property Type
Commercial Sale
Building
Total Area
3,177
Interior Features
Area and Spaces
Number of Units
3
Interior Features
Electic
220 Volts
Building Details
Construction
Year Built
1947
Terms
Terms
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$28,851
Heating, Cooling & Utilities
Utilities
Sewer
Public Sewer
Utilities
Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Water Source
Public
Lot
Acres
0.43
Lot Features
Corner Lot, Near Public Transit
Lot Size
18,752
Lot Size Area Sq Ft
18,752
Listed by Re/max Professionals, [email protected], 303-322-7653.
Listing Data last updated 1st October, 2023 21:00 MST
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Property History
101 days ago
Property Listed
19 days ago
Property info last updated
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Listing Data last updated: 1st October, 2023 21:00 MST
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Listed by Re/max Professionals
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