522 14Th Ave Denver, CO 80204

This exceptional Denver redevelopment assemblage presents a unique investment opportunity in the coveted Golden Triangle neighborhood. Comprising two adjacent parcels totaling 7,404 square feet (common ownership), this property offers significant potential for residential development. Currently featuring two existing one-story buildings, built in 1947, with a combined 7,404 square feet and 3,300 square feet of net rentable space, these structures provide a potential income stream during the redevelopment planning phase. The property boasts two units and is zoned D-GT, allowing for a maximum of seven stories. The location, directly across from the Denver Justice Center, offers high visibility and convenient access to downtown amenities. An attractive feature is the potential for seller financing, facilitating a smoother acquisition process. While the current occupancy date is October 2, 2024, the existing buildings offer interim income potential. Note that additional adjacent parcels, totaling 18,746 square feet when combined with this property, are available for purchase from a separate seller, presenting an opportunity to expand the development scope significantly. This assemblage is ideal for investors seeking a prime location and the flexibility to create a substantial residential project in a thriving Denver neighborhood. The property is owned by an LLC.