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Cody Walker

cody@sourceofhome.com +1(619) 733-2250

$2,550,000

Est. payment - /mo

40,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 40,000 sqft

Price per Sqft $63

MLS Listing ID 1590643

HOA Y/N No

Year Built 1972

Annual Tax Amount $82,097

Tax Year 2024

Lot Size 1.934 Acres

Acres 1.93

Property Sub-Type Office

Source recolorado

Property Description

PRIME COVERED LAND PLAY & REDEVELOPMENT OPPORTUNITY - Positioned perfectly in one of Denver's most accessible transit corridors, 3980 Quebec Street represents a premier covered land play for forwardthinking affordable housing developers. Rather than viewing the property through the lens of a traditional office asset, this offering centers on a strategic repositioning opportunity. The site features a 40,000 SF multi-tenant building situated on nearly 2 acres (84,242 SF) of prime land zoned I-MX-5. Investors can capitalize on existing cash flow or nearterm holding income from the existing structure while navigating the entitlement and permitting process to scrape and construct a high-density, income-restricted residential community.

Location

State CO

County Denver

Zoning I-MX-5

Interior

Fireplace N

Exterior

Parking Features Finished Garage

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Concrete

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Beacon Real Estate Services LLC

Nearby School & Business

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Cody Walker

+1(619) 733-2250

Agent | FA.100072314

Agent FA.100072314

3980 Quebec ST Denver, CO 80207

Cody Walker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information