Active

522 W 14th Avenue

Denver CO, 80204

$5,625,000


$1,770.54 per sqft

Active

3,177 sqft

Multi-family

Built in 1947

Courtesy of RE/MAX PROFESSIONALS, Galo Garrido, Listing Contact:  

Two owners of adjoining properties - after multiple decades of ownership - have jointly listed their properties for sale. The six corner lots are in the heart of the extremely popular Golden Triangle residential community just one block from the core of Downtown Denver and Cherry Creek. Denver Civic Center and the Denver Art District are only 4 short blocks to the east. The site is easily accessible and walkable to the Sixteenth Street Mall, mass transit and the numerous entertainment venues and amenities of the fantastic Golden Triangle and Downtown Denver. This prime development site has a 150-foot frontage on Fox Street and a 125-foot frontage on 14th Avenue. The properties are zoned D-GT and have a State Capitol View Plane height limitation of 7-stories for residential and mixed-use construction. Two houses, a light industrial building and paid parking lots have short term leases which generate meaningful cash flow during any holding period.Currently, Downtown Denver has an average household income of $113,565. The average age of residents is 34.3 years with 56% having a bachelor’s degree or higher. 82% of these residents are non-family households. Younger people want to be where the action is. Bars, restaurants, concerts, entertainment, and residential communities. Downtown is the home of the Broncos, Rockies, Avalanche and Nuggets. In 2021, Denver was ranked as the top city where millennials are moving, the third-best job market, and the fifth-fastest growing large city. See Supplements For Zoning Info. 522 & 528 W 14th Ave & 1360 Fox Street (6 Lots)

7004230

MLS ID

June 22, 2023

Listed

August 31, 2023

Updated

Map

522 W 14th Avenue
Denver CO, 80204

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.43 acres


Lot Features

Corner Lot, Near Public Transit


Sewer

Public Sewer

Other Property Details

Taxes

$28,851


Tax Frequency

Annually


Garage

No


Parking

No


View

No


County

Denver


Water Source

Public


Pool

No

 

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Data last updated 12:06 AM UTC, 8/31/2023

 

 

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