255 22Nd St Denver, CO 80205
- Commercial real estate
- 1.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 255 22Nd St
- Lot size
- 1.06 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.06-acre property at 255 22nd Street in Denver, Colorado, presents a unique investment opportunity. Located in the vibrant Uptown neighborhood, this retail and land parcel is zoned R-MU-30, allowing for a diverse range of uses including residential, hotel, and various retail and commercial ventures, such as childcare facilities. The property boasts a prime location adjacent to a public park and offers easy access to Broadway and Park Avenue West. With a Walk Score of 96/100, it's a pedestrian's paradise. Importantly, this development is entitled for 260 units and is exempt from Denver's new Affordable Housing Ordinance (Expanding Housing Affordability or "EHA"). The high visibility corner location ensures maximum exposure for any retail venture. Specific permitted uses are outlined in the zoning regulations, with exclusions including large-scale furniture retail, motels, large-scale service/repair businesses, and certain wholesale/storage operations. The asking price is $9,900,000. This is a rare chance to acquire a highly desirable property in a thriving Denver location with significant development potential. The property's zoning allows for flexibility and adaptability to a variety of uses, making it an attractive investment for both developers and retail operators.
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
- -104.9810424
- Latitude
- 39.7479513
