For Sale
$2,400,000

2220 BroadwayDenver, CO 80205

Denver Parking Lot - High Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in Denver, Colorado, featuring a 10,716 square foot parking lot situated on a 0.25-acre lot at 2220 Broadway, zip code 80205. This property boasts a prime location with high visibility, experiencing over 30,000 vehicles daily. Currently offering approximately 45 surface parking spaces, the lot is priced at $2,400,000, translating to $223.96 per square foot. The D-AS-12+ zoning designation presents significant redevelopment potential, allowing for the construction of a slender tower up to 8 to 12 stories, or a taller structure up to 20 stories with integrated parking. This high-density redevelopment play is situated in a rapidly growing area of Denver, making it an attractive proposition for developers seeking a high-profile site with substantial upside. The property's APN is 2342-25-019. This is a unique opportunity to acquire a valuable asset in a dynamic Denver market. The property is also available for sale in conjunction with an adjacent building.

Highlights

  • Excellent redevelopment opportunity for high-density residential or mixed-use project.
  • D-AS-12+ zoning permits significant building height.
  • Development potential includes a slender high-rise or a building with substantial above-ground parking.
  • Prime location in a rapidly developing area.
  • High-traffic visibility with over 30,000 vehicles passing daily.

Property Details for 2220 Broadway

Property type
Specialty properties, Parking lots & garages
Square Feet
10,716 SF
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.75296758
Longitude
-104.9873129
2220 Broadway, Denver, Colorado

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2220 Broadway
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