Denver, CO 80204
Awesome seller carry possibility. Fantastic location. This property contains an income producing building that sits on 2 lots (6,250 SqFt) plus two adjacent lots that total another 6,250 SqFt. Property is Zoned PUD (Planned Urban Development). Currently, it is mixed use, with 8 art studios (offices) and one 2-bedroom residence. Potential Options: 1) Break off two adjacent lots and sell for a recapture of up-front costs. 2) Develop all four lots to a new configuration (condos, etc) on 12,500 SqFt 3) Keep property intact and remodel to re-position and raise income. 4) Combination of above options. Property sold as-is. Buyer to verify all measurements and current zoning.
Svein Groem with OPEN DOOR REAL ESTATE INC
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