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Pamela Gonacha, Associate Broker
FOR SALE
$5,625,000
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522 W 14th Avenue
Denver, CO 80204

Multi-Family
Residence
3,177
Sqft
0.43
Lot Size
Courtesy: RE/MAX PROFESSIONALS, [email protected],303-322-7653

Description for 522 W 14th Avenue Denver, CO 80204

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)

Property Details

7004230
Multi-Family, Other
Denver
1947
0.43 Acres
Public
Public Sewer
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Courtesy: RE/MAX PROFESSIONALS, [email protected],303-322-7653

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PUBLISHER’S NOTICE:
All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

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Pamela Gonacha 4710 Table Mesa Dr. Ste. A, Boulder, CO 80305 | Phone: (303) 324-9600 | Email: [email protected]

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