$6,250,000
$6,250,000
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0.64 Acres Lot
SOLD DATE : 08/07/2023
Key Details
Sold Price $6,250,000
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Platte Park
MLS Listing ID 4674789
Sold Date 08/07/23
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $88,877
Tax Year 2021
Lot Size 0.640 Acres
Acres 0.64
Lot Dimensions ~200 by ~139
Property Description
1660 Federal presents a generational development opportunity overlooking the iconic Mile High Stadium. Ideally located at the southeast corner of Federal Boulevard and West Dick Connor Avenue (17th Avenue), the parcel is over 27,000 square feet, located within an Opportunity Zone and currently holds five-story mixed-use zoning.
The historic Ponce Furniture site sits within the heart of the ‘Sun Valley’ neighborhood. Once known as a light industrial thoroughfare community, the area is transforming with new and revitalized residential properties, restaurants and parks. With Sloan’s Lake to the west and Downtown to the east, you’d be hard-pressed to find a better location within the path of redevelopment.
Amid massive transformation, 1660 Federal lies untouched with unparalleled potential for development. Connectivity to Federal Blvd and close access to I-25 will give future residents the luxury to work in any major job center throughout the Denver Metro only to return home to one of the greatest views the City has to offer.
Location
State CO
County Denver
Zoning C-MX-5
Interior
Fireplace N
Exterior
Garage Parking Lot
View City
Parking Type Parking Lot
Garage No
Building
Sewer Public Sewer
Water Public
Schools
School District Denver 1
Others
Ownership Estate
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Realty Downtown LLC