Investment Opportunity

2815 N. Downing Street Denver, CO 80205

FOR SALE
Property Type:
Street Retail
Amount:
$1,695,000
Last Verified:
Mar 18, 2022

Highlights

  • Current Income $70,067 with 3% Increases Each Year
  • Great Neighborhood Infill Opportunity
  • Potential Redevelopment Opportunity
  • Five Story Zoning
  • High Visible Location

Description

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.

0


Year Built: 1962
Building Size: 6546sq ft
Lot Size: 6660.0 acres


Documents

Sale Brochure 2018 (L)

Map of 2815 N. Downing Street, Denver, CO, 80205

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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