This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
457-475 S Lincoln St
0.14 Acre Residential Land Lots Offered at $883,333 - $883,334 Per Lot in Denver, CO 80209
Investment Highlights
- In-place income from 475 S Lincoln St (5-plex, approx. $48k)
- Current U-TU-B2 zoning
- Excellent In-Fill Development site
- Envisioned for up-zoning to U-MX-3 (or similar)
- Three parcel assemblage - One parcel razed
Executive Summary
The highest and best use for the assemblage is envisioned to include rezoning to mixed use (MX) three-story to allow for the future development of a three-story high density condominium or apartment complex. Buyer will pursue rezoning.
Located mid-block on S Lincoln Street between E Virgina Ave and E Dakota Ave very near the confluence of the Baker, Speer and West Washington Park neighborhoods. This area is targeted for high density redevelopment by the City of Denver's master plan, and is an ideal location with proximity to Interstate 25 and downtown Denver.
$2,650,000 is the list price for the entire three-parcel assemblage and parcels are not currently available for individual sale.
Property Facts
| Price | $883,333 - $2,650,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Bulk/Portfolio Sale | Total Lot Size | 0.41 AC |
| No. Lots | 3 |
| Price | $883,333 - $2,650,000 |
| Sale Type | Investment |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.41 AC |
3 Lots Available
Lot 457
| Price | $883,334 | Lot Size | 0.14 AC |
| Price Per AC | $6,456,034 |
| Price | $883,334 |
| Price Per AC | $6,456,034 |
| Lot Size | 0.14 AC |
An assemblage of three contiguous parcels 457, 465 and 475 S Lincoln Street. Parcels are 5151-09-018, -019 and -020. Each parcel is 5,960 SF for a total of 17,880 SF (0.41 acre). At this time only available as the 3 parcel assemblage for $2,650,000
Lot 465
| Price | $883,333 | Lot Size | 0.14 AC |
| Price Per AC | $6,456,027 |
| Price | $883,333 |
| Price Per AC | $6,456,027 |
| Lot Size | 0.14 AC |
An assemblage of three contiguous parcels 457, 465 and 475 S Lincoln Street. Parcels are 5151-09-018, -019 and -020. Each parcel is 5,960 SF for a total of 17,880 SF (0.41 acre). At this time only available as the 3 parcel assemblage for $2,650,000
Lot 475
| Price | $883,333 | Lot Size | 0.14 AC |
| Price Per AC | $6,456,027 |
| Price | $883,333 |
| Price Per AC | $6,456,027 |
| Lot Size | 0.14 AC |
An assemblage of three contiguous parcels 457, 465 and 475 S Lincoln Street. Parcels are 5151-09-018, -019 and -020. Each parcel is 5,960 SF for a total of 17,880 SF (0.41 acre). At this time only available as the 3 parcel assemblage for $2,650,000
Description
The three-parcel assemblage consists of the following: 475 S Lincoln St, which is a fully leased 5 unit multi-family building with attached garage. 465 & 469 S Lincoln St, which is a vacated duplex that was damaged in an adjacent building explosion. It has been shored up, but is not currently approved for nor envisioned for occupancy. 457 S Lincoln St, which is a razed lot that was the site of a three-unit building that was demolished after a building explosion. All three parcels are contiguous and currently zoned U-TU-B2, and envisioned for rezoning to U-MX-3 or similar. The buyer will pursue rezoning.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $152,110 | |
| Land Assessment | $53,730 | Total Assessment | $205,840 |
PROPERTY TAXES
-
Daniel Lucchesi -
Lucchesi Property Group
Presented by
457-475 S Lincoln St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.