Marcus & Millichap is pleased to present 1201 E Cedar Avenue, a rare corner property directly adjacent to Washington Park in one of Denver’s most sought-after neighborhoods. The offering consists of five townhomes built in 1966 on a 14,900-square-foot (0.34-acre) parcel, significantly larger than surrounding residential lots. Its prominent location at E Cedar Avenue and S Downing Street, combined with immediate park frontage, creates an exceptionally scarce large-format infill opportunity. The existing improvements provide current income potential, while the substantial land component offers flexibility for a variety of future investment strategies. Opportunities to acquire a site of this size, scale, and prominence along Washington Park are extraordinarily rare in the Denver market.
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1966
Stories
2
Living area
5,846 sqft
Price / sqft
$428
MLS #
5619610
Interior
Heating
Forced Air
Cooling
Other
Exterior & lot
Lot
Level
Schools
District
Denver 1
Elementary
Denver Green
Middle
Merrill
High
South
Utilities
Sewer
Public Sewer
Financial
Annual tax
$8,827
Parcel
5114-12-015
Special conditions
None Known
Location
Subdivision
Resubdivision of Block Thirteen (13), Shackleton P
County
Denver
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Listed by Charles Burkhart, Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.