2837 W 25th Avenue
Denver, CO 80211

Description

City Approved opportunity to build a conforming Airbnb business. Land zoned for hospitality use, and concept plan has been submitted and approved by the city. Units can be configured to suit operator preferences. 15 studio units, or 7 two bedroom units possible. This lot falls under the small lot parking exemption for the City of Denver so no parking is required on site. Max height of 45' could provide development opportunities for apartments or office/co-working as well. A+ location at the corner of W 25th and Eliot Street with adjacent established restaurant/retail/commercial and high-density residential development on the surrounding parcels. Ideal urban location, high nightly and occupancy rates. Minutes to downtown, convention center, Mile High and Pepsi Center. Currently rented at $1500/mo on a month to month basis.

Details

MLS#7760299
StyleIndustrial
Sub-TypeResale
StatusActive
Year2019
Days On Site50

Features

SQ Feet1,004
Story(s)1
Units7
ZoningG-MS-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80211
AreaDenver
Listing VS Median (in 80211)
Price:
$880,000
low | high
Med:
$600,000
81.818181818182% of Average
SqFt:
1,004
low | high
Med:
1,921
41.334661354582% of Average
$ / SqFt:
$876
low | high
Med:
$312
100% of Average
On Site:
50
low | high
Med:
68
73.529411764706% of Average
Listing Updated: 07/22/2019
MLS Number: 7760299
Listing Provided By:
David J. O'Brien  of  Tremont Realty Group
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