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Property Detail

6231 Federal Blvd, Denver, CO 80221, USA
2 Properties Offered
$3,250,000

Description

INVESTMENT HIGHLIGHTS

  • Opportunity of 2 lots being sold together for a total of ~.85 acres
  •  
  • .63 acres on the 2nd lot @ $2.250M
  • .21 acres on the corner @ $1M
  •  
  • Assuming 3 story low-rise concept with 24 units (pending density analysis / approval)

EXECUTIVE SUMMARY

Re-development multifamily site!
With both lots, 6201-6231, being offered this site has a highest and best use as a multifamily redevelopment opportunity. Being located on the far east side of the popular Aloha Beach neighborhood provides wonderful mountain views of the west side.
Walking distance to RTD Light Rail Station, showing the path of progression for redevelopment!
Aligning this site with Adams County comprehensive plan can make it a great location for multifamily. This would require a re-zoning process, but this would drastically change this property and bring great value!
 
 

PROPERTIES

PROPERTY NAME / ADDRESSPROPERTY TYPESIZEYEAR BUILTINDIVIDUAL PRICE
6201 Federal Blvd, Denver, CO 80221Retail560 SF1955$1,000,000
North Valley Motel
6231 Federal Blvd, Denver, CO 80221
Hospitality36,850 SF1954$2,250,000

 

Doug Jennings

+1 720-434-6637

Specification

General

  • 37410
  • 1.0600
  • Investment
  • 1954

Hospitality

6231 and 6201 Federal Blvd

# 513

SKU: 513

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