112 Kalamath St Denver, CO 80223

This exceptional Denver, Colorado redevelopment opportunity presents a 38,315 square foot site with three existing buildings totaling 9,123 square feet. Currently occupied by a restaurant, day spa, and office tenants, generating income, the property is strategically located on Kalamath Street, just before 1st Avenue, boasting excellent visibility and high traffic counts averaging 18,914 vehicles daily. The I-MS-3 zoning permits a wide range of uses, including residential, retail, restaurants, hotels, offices, and light industrial, offering significant flexibility for future development. The property's three buildings sit on four parcels (APN: 05091-21-009-000, 05091-21-008-000, 05091-21-007-000, and 05091-21-024-000) in Denver County, Colorado, zip code 80223. Convenient access to downtown Denver, 6th Avenue, I-25, and the RTD Light Rail (Alameda Station, approximately ½ mile south) enhances its appeal. The 2020 property taxes, paid in 2021, amounted to $25,521.92. This prime location and versatile zoning make this a compelling investment opportunity, priced at $4,750,000.