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3990 W 38th Ave

0.27 Acres of Commercial Land Offered at $1,800,000 in Denver, CO 80212

Investment Highlights

  • Close proximity to Tennyson Shopping District
  • Shovel-ready development, permits expected 1Q24
  • Ready to Build or perfect high-traffic site for Franchise opportunity
  • 17,430 sq ft building, 29 Units (28 apartments mix of studio, 1 and 2 beds), with small commercial space on the first floor (with liquor license).

Executive Summary

Vacant corner lot In Denver’s Hottest Zip! Ready to Build or perfect high-traffic site for Franchise opportunity. Shovel-ready development, demo complete, permits expected 1Q24 for a 17,430 sq ft building, 29 Units (28 apartments mix of studio, 1 and 2 beds), with small commercial space on the first floor (with liquor license). Market rate workforce housing, efficient construction, and design. Looking for the perfect franchise site? Corner lot on major street in NW Denver between Highlands and Tennyson St. on 38th bus line with 24,000+ residents within a mile. Square footage includes 1369 deeded to City of Denver ROW.

Property Facts

Price $1,800,000
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.27 AC

1 Lot Available

Lot

Price $1,800,000
Price Per AC $6,546,550
Lot Size 0.27 AC

EARL PLACE BLK 2 L 45 TO 48 INC EXC N 12FT OF L48& EXC S 11FT OF N 23FT OF L48

Description

Vacant corner lot In Denver’s Hottest Zip! Ready to Build or perfect high-traffic site for Franchise opportunity. Shovel-ready development, demo complete, permits expected 1Q24 for a 17,430 sq ft building, 29 Units (28 apartments mix of studio, 1 and 2 beds), with small commercial space on the first floor (with liquor license). Market rate workforce housing, efficient construction, and design. Looking for the perfect franchise site? Corner lot on major street HOT NW Denver between Highlands and Tennyson St. on 38th bus line with 24,000+ residents within a mile. Square footage includes 1369 deeded to City of Denver ROW.

Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2301-04-046
Land Assessment
$296,050
Improvements Assessment
$0
Total Assessment
$296,050

zoning

Zoning Code U-MS-3
U-MS-3
  • Listing ID: 30255085

  • Date on Market: 12/1/2023

  • Last Updated:

  • Address: 3990 W 38th Ave, Denver, CO 80212

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