2815 N. Downing Street
Denver, CO 80205
- Current Income $70,067 with 3% Increases Each Year
- Great Neighborhood Infill Opportunity
- Potential Redevelopment Opportunity
- Five Story Zoning
- High Visible Location
Infill Investment opportunity for sale located in the popular Whittier/RINO/Five Points neighborhood. This property is zoned C-MX-5, allowing for five stories, making this location ideal for a Developer. These neighborhoods are some of the more desirable areas in Denver, surrounded by new development projects and numerous restaurants and bars including Dunbar Kitchen & Tap House, Goed Zurr, Whittier Pub, Rosenberg's Bagels & Delicatessen, Spangalang Brewery and much more.
The property currently has two tenants, Town Liquors and Town Grocery. Town Liquor's lease expires in June 2022, and has (1) Five year market renewal option. Town Grocery's lease expires in April 2024, and has (1) Five year market renewal option as well.