6231 Federal Blvd Denver, CO 80221-2005

Property Details for 6231 Federal Blvd

Year built

1954

Construction

FRAME

Lot size

0.63 lot acres

Property size

1,120 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

R0103125

APU

R0103125

Description

This exceptional 6,864 square foot commercial property, located at 6231 Federal Boulevard in Denver, Colorado, presents a unique investment opportunity. Situated on a 0.63-acre lot, this property boasts a prime location with C5 zoning and exceptional visibility due to its high average daily traffic counts. The property has been family-owned for almost four decades and benefits from recent upgrades, including a new roof and water heaters installed in 2019. Its strategic location offers significant advantages for investors. The motel is conveniently located just half a mile from the Federal Train Station and approximately 1.5 miles from the Westminster Light Rail station, providing excellent access to public transportation. Furthermore, its proximity to the Clear Creek PUD enhances its potential for future development. This property is ideally suited for redevelopment or value-add strategies to create a significant income-producing asset. The property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. An adjacent property at 6201 Federal Boulevard is also available for purchase, presenting an opportunity for expansion or consolidation. This is a rare chance to acquire a well-located commercial property with substantial upside potential in a thriving Denver neighborhood. The asking price for this property is $2,100,000.

Location Insight

City

Denver

County

Adams

State

Colorado

Longitude

-105.026

Latitude

39.8092

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments