522 W 14th Avenue, Denver, CO 80204

$5,625,000

Courtesy of RE/MAX PROFESSIONALS . Galo@TradewindPropertyGroup.com,303-322-7653

List Price
$5,625,000
Type
Land
Status
ACTIVE
MLS Number
5021565
Lot Size (sqft)
18,752
Lot Size (acres)
0.43
Subdivision
Golden Triangle
Sub-Area
Golden Triangle

Property Description

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 bachelor’s 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 & 528 W 14th Ave & 1360 Fox Street (6 Lots)

Additional Information

Taxes
$28,851
School District
Denver 1
Type
Improved Land
Sewer
Public Sewer
Sewer
Public Sewer
View
City

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