Denver, CO 80211,3245 Eliot ST
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Denver, CO 80211,3245 Eliot ST
Denver, CO 80211,3245 Eliot ST
Denver, CO 80211,3245 Eliot ST

$6,000,000

Est. payment /mo

$6,814,170

11.9%
Est.Price: ?

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3245 Eliot ST Denver, CO 80211

SOLD DATE : 06/01/2022

Key Details

Sold Price $6,000,000

Property Type Vacant Land

Sub Type Improved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Potter Highlands

MLS Listing ID 6316968

Sold Date 06/01/22

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $115,537

Tax Year 2020

Acres 0.95

Property Description

CBRE is pleased to offer the opportunity to buy this sizable 0.95 Acre Infill Redevelopment Site situated steps from the heart of Denver’s very popular Highlands neighborhood. 3245 Eliot Street is across the street from Highlands Park and is zoned U-MX-3 making it ideal for a Multifamily redevelopment. The property is a large corner lot on W 33rd Avenue and Eliot Street half-a-block off Federal Blvd, which sees around 37,000 VPD and has great accessibility to I-25 and Downtown Denver.

One block east on W 32nd Avenue are wonderful retail amenities for any time of day including Park Burger, La Grande Mexicana, and Wooden Spoon Café and Bakery. Highlands Park includes amenities such as a city library, playground, and sports courts. The Highlands neighborhood is truly special in the sense that it blends the best of Denver retail with residential living right on the edge of Downtown Denver’s CBD.

There are many opportunities for this site with favorable U-MX-3 zoning allowing for most commercial uses including multifamily, hospitality, office, etc. Built in 1955, the property has been well maintained by the current owner, executing capital improvements as needed. The property condition offers flexibility for an Owner/User to immediately occupy as well.

The Seller would prefer to have a component of Affordable Housing incorporated into the site and will consider that favorably with any offer.

Location

State CO

County Denver

Zoning U-MX-3

Interior

Fireplace N

Exterior

Garage No

Schools

School District Denver 1

Others

Ownership Corporation/Trust

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by CBRE, Inc.
Bought with CBRE, Inc.

Jim Cavoto

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+1(720) 692-6563

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