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$ 2,550,000
Est. payment | /mo
40,000 SqFt
$ 2,550,000
Est. payment | /mo
40,000 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $63
MLS Listing ID 1590643
HOA Y/N No
Year Built 1972
Annual Tax Amount $82,097
Tax Year 2024
Lot Size 1.934 Acres
Acres 1.93
Property Sub-Type Office
Source recolorado
Property Description
PRIME COVERED LAND PLAY & REDEVELOPMENT OPPORTUNITY - Positioned perfectly in one of Denver's most accessible transit corridors, 3980 Quebec Street represents a premier covered land play for forwardthinking affordable housing developers. Rather than viewing the property through the lens of a traditional office asset, this offering centers on a strategic repositioning opportunity. The site features a 40,000 SF multi-tenant building situated on nearly 2 acres (84,242 SF) of prime land zoned I-MX-5. Investors can capitalize on existing cash flow or nearterm holding income from the existing structure while navigating the entitlement and permitting process to scrape and construct a high-density, income-restricted residential community.
Location
State CO
County Denver
Zoning I-MX-5
Interior
Fireplace N
Exterior
Parking Features Finished Garage
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Beacon Real Estate Services LLC
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