$1,900,000

EXCEPTIONAL MU-N ZONED MULTIFAMILY DEVELOPMENT OPPORTUNITY! Rare opportunity to acquire a strategically located, flat corner parcel with an excellent path toward high-density residential development. The property is currently zoned MU-N, with extensive pre-development work already completed and a highest-and-best-use concept focused on duplex/triplex residential lots. Preliminary planning has identified potential for up to 60+ units, subject to final engineering, infrastructure, site-plan review and applicable City approvals. A major advantage for the next developer: significant groundwork has already been completed. Architectural conceptual drawings have been prepared for the existing proposed use, a Phase I environmental assessment has been completed, and the property has been through extensive pre-development review. This allows a builder or developer to begin with meaningful information already in hand rather than starting from scratch. MUN zoning may also allow a variety of neighborhood-serving uses, potentially including restaurant, medical/dental, small-scale retail, temporary outdoor sales and merchant/farmers-market uses, subject to zoning and City requirements. Imagine a thoughtfully planned residential development complemented by neighborhood services and amenities. The location is hard to beat-situated in an established residential and mixed-use area with convenient access to Denver International Airport, Colfax Avenue, I-70, major transportation corridors and public transit, including nearby bus routes. The prominent corner location adds visibility and accessibility. With an attractive potential land cost per developed lot, existing zoning, conceptual plans, completed Phase I and substantial pre-development research, this is an outstanding opportunity for a builder or developer seeking a residential project with a significant amount of the preliminary work already completed. Bring your development team and explore the possibilities!