2205 Washington St Denver, CO 80205
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2205 Washington St
- Property type
- Commercial real estate
Description
This exceptional 31,939 square foot commercial land parcel, located at 2205 N. Washington St in Denver, Colorado, presents a unique investment opportunity. Priced at $3,992,375, the property is zoned R-MU-30, allowing for a variety of development options, subject to specific ordinances. The site boasts an enviable location within close proximity to Uptown, Restaurant Row (17th Avenue), Five Points, and the thriving RiNo neighborhood, ensuring high visibility and accessibility. Convenient access to major thoroughfares like Broadway and Park Avenue West further enhances its appeal. Development plans must adhere to the city's Affordable Housing Requirement, mandating that any new construction include 10 for-sale units priced at 80% of the Area Median Income (AMI). The zoning regulations, as outlined in Ordinance No. 351 Series of 2005 and Section 59-303 of the Denver Zoning Code, dictate permitted uses and building heights. A maximum building height of 80 feet is allowed. This property offers significant potential for developers seeking a prime location in a rapidly growing area of Denver. The combination of location, zoning, and affordable housing requirements presents a compelling opportunity for a project that aligns with the city's development goals.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.978466
- Latitude
- 39.749937
