Vaughn Clark Group - Coldwell Banker Distinctive Properties
1245 Xavier Street
Denver, CO 80204

$1,800,000

Description

The best of West End in now-super-hot West Colfax! A total of 19,500 square feet of G-MU-5 zoned dirt! 3 blocks to light rail station & skipping-distance to Sloans Lake and St Anthonys redevelopment w/ Starbucks Alamo Drafthouse & much more. This might work for 40+ apartments or 15+ townhomes - please do your due diligence. Three lots: 1235, 1245 and 1255, each currently separately-owned, offered to be sold together - BUT will need to be THREE separate contracts, one per property @ the same sales price for each. One more may be in-play as well, but not listed by this LB (could take it to 26,000 sq ft). An U/C property with the same zoning in the 1300 block of Lowell reportedly has a feasibility study for 31 units on only 12,500 square feet ours is bigger and in a incredibly-better location. We have FAR better zoning (MU-5), yet our price is just slightly more than what 1275 & 1295 Stuart recently sold for and what 1272 and 1280 Stuart are about to sell for with MU3 zoning.

Details

MLS#7177347
Sub-TypeResale
StatusUnder Contract
Days On Site242

Features

ZoningG-MU-5
Acreage0.44
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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$1,800,000
low | high
Med:
$549,700
100% of Average
On Site:
242
low | high
Med:
138
100% of Average
Listing Updated: 08/20/2018
MLS Number: 7177347
Listing Provided By:
Steven Kinney  of  RE MAX PROFESSIONALS
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