3011 W 49th Avenue, Denver, CO, 80221

3011 W 49th Avenue Denver, CO 80221

3011 W 49th Avenue, Denver, CO, 80221
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FOR SALE
Property Type:
Multifamily Land
Amount:
$950,000
Last Verified:
Dec 05, 2024

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Highlights

  • Prime location in the Regis neighborhood
  • One block to Regis University
  • Previously approved plans for 12 townhome units, all Construction/Architectural plans included with sale
  • Excellent Location in a high growth and extremely product needy area
  • Ease of accessibility to I-70 and I-76
  • Multiple parks within walking distance

Description

This is a rare opportunity in the highly competitive Regis market for a Redevelopment or Outdoor Storage opportunity. The 12 unit proposed townhome development will meet the intense need for entry level and student housing not only in Berkley/Regis but in the entire Denver Metro area. Plans and entitlements for this project were previously approved, but are now expired. Opportunity for quick approval from City of Denver.

Prime location in the Regis neighborhood.


Year Built: 1922
Building Size: 1728sq ft
Lot Size: 0.29 acres


Documents

3011 W 49th Avenue - OM - SMT

Map of 3011 W 49th Avenue, Denver, CO, 80221

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.