Development Opportunity – Land Approved for 5-Story, 33-Unit Project
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9–12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.
Property details
Property
Type
Improved Land
MLS type
Land
Status
Active
Lot
0.23 AC / 10,018 SF
MLS #
6856436
Exterior & lot
Lot
Level
Schools
District
Denver 1
Utilities
Sewer
Public Sewer
Financial
Annual tax
$8,175
Parcel
2294-04-095
Special conditions
None Known
Location
Subdivision
LoHi
County
Denver
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Listed by Christine Kresge, Avenue Realty & Mortgage