Adam Greenberg - Coldwell Banker Distinctive Properties
1370 Lowell Boulevard
Denver, CO 80204

$1,100,000

Description

Amazing development opportunity to build a Multi-Unit 5 (G-MU-5) project with a maximum height of five stories and access to alley. Feasibility Study plans show the option to build 31 apartment units with ground level parking totaling 5 stories. GREAT LOCATION! This unique double lot site is situated one block from Knox FasTracks West Line Light-rail station, close proximity to Sloan's Lake, Sports Authority Field, and Downtown Denver.n And the lot is located within an "opportunity zone": the newly enacted federal Opportunity Zone (OZ) program provides a federal tax incentive for investors to invest in low-income urban and rural communities through favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. For further info https://choosecolorado.com/opportunity-zones/

Details

MLS#3618347
Sub-TypeResale
StatusActive
Days On Site282

Features

ZoningG-MU-5
Acreage0.29
Property ViewYes

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$1,100,000
low | high
Med:
$549,287
100% of Average
On Site:
282
low | high
Med:
157
100% of Average
Listing Updated: 10/16/2018
MLS Number: 3618347
Listing Provided By:
Blue Match  of  BlueMatch
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