522 W 14th Avenue, Denver, CO

$5,625,000

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3,177

Square feet

0.43

Acres

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About 522 W 14th Avenue

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)

Features of 522 W 14th Avenue

MLS® # 7004230
Price $5,625,000
Bathrooms 0.00
Square Footage 3,177
Acres 0.43
Year Built 1947
Type Commercial Sale
Sub-Type Multi-Family
Status Active

Community Information

Address 522 W 14th Avenue
City Denver
County Denver
State CO
Zip Code 80204

Amenities

Utilities Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Near Public Transit

Additional Information

Date Listed June 22nd, 2023
Zoning D-GT
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX PROFESSIONALS
Contact InfoGalo@TradewindPropertyGroup.com,303-322-7653

Listing Map

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