Lynne McDougal

Broker Associate
License#:

$1,389,375

2900 W 32nd Ave, Denver, CO 80211  (Sold on )

  • Price Reduced$35,625
  • Open House
  • New Listing
  • Coming Soon
  • 7 BedBeds
  • 4 BathBaths
  • 3,958 SqftSqft
  • TypeIncome Property
  • Active
  • MLS# 5401991
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Property Description

Development Opportunity - Land Approved for 5-Story, 33-Unit Project The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process. Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9-12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.

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Property Details

General

  • Subdivision: LoHi
  • County: Denver
  • List Date: 05/08/2025
  • Expected Active Date: 05/08/2025
  • DOM: 364
  • Lot SqFt: 10019
  • Beds: 7
  • Baths: 4.00
  • Basement/Foundation: Partially Finished
  • Year Built: 1912
  • New construction: NO
  • Sq Ft (total): 3958
  • Garage/Parking Spaces: 4
  • Garage Description: Off Street
  • MLS#: 5401991

Interior Features

  • Heating: Forced Air
  • Cooling: Evaporative Cooling
  • Disability Accessibility: Level Lot

Exterior Features

  • Construction: Brick
  • Roof: Composition
  • Waterfront: NO

Schools

  • School District: Denver District 1
  • Elementry: Edison
  • Middle/Jr: Strive Sunnyside
  • High School: North

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $150

Utilities

  • Water/Sewer: Public Sewer
 

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