2362 S Broadway new to site

Denver,CO 80210

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Rosedale

MLS Listing ID 9290849

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $13,620

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Rare opportunity to acquire a fully entitled and shovel ready 20 unit development along Broadway and Evans. The proposed plans include 13,145 of buildable square footage between three stories plus a rooftop deck. The plans call for predominantly 1 bedroom units that range between 450 square feet to 727 square feet. The seller's will close upon a receiving a permit. This is an excellent opportunity to put a shovel in the ground day 1 and not be burdened by expensive interest carry. Currently the property is a duplex with tenants in each unit. The lease specifies that landlord may terminate the lease with a 60 day notice at any point. Please reach out to the listing broker for a full plan and due diligence set.

Location

State CO

County Denver

Zoning U-MX-3

Interior

Fireplace N

Exterior

Parking Features 220 Volts

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

School District Denver 1

Others

Ownership Agent Owner

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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