Tony Larese - Coldwell Banker Distinctive Properties
2655 S Broadway
Denver, CO 80210

$1,500,000

Description

Incredible development opportunity on Broadway zoned U-MX-3. This is an investors dream to keep cash flowing the current leases while you create plans for future development. On this parcel there is a Saloon and a Tire Shop generating solid rent rolls close to a 6% Cap Rate. This is truly the first corner lot when you are driving from Englewood into Denver. This property is being sold with 2689 S Broadway, Denver, CO 80210, MLS # 8924842. All together this is 254 feet frontage on broadway and it sits on a 31,199 square foot lot or .72 Acres. Please check with Denver zoning for allowed uses. https://www.denvergov.org/content/dam/denvergov/Portals/646/documents/Zoning/DZC/Denver_Zoning_Code_Article5_Urban.pdf

Details

MLS#4001599
StyleRetail
Sub-TypeResale
StatusUnder Contract
Year1931
Days On Site123

Features

SQ Feet5,317
Story(s)1
Units2
ZoningU-MX-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80210
AreaDenver
Listing VS Median (in 80210)
Price:
$1,500,000
low | high
Med:
$605,100
100% of Average
SqFt:
5,317
low | high
Med:
1,665
100% of Average
$ / SqFt:
$282
low | high
Med:
$363
21.178510510511% of Average
On Site:
123
low | high
Med:
53
100% of Average
Listing Updated: 12/16/2018
MLS Number: 4001599
Listing Provided By:
Teddy Smith  of  Smith Homes LLC
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