26
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$2,550,000
Est. payment /mo
40,000 SqFt
Active
3980 Quebec ST Denver, CO 80207
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $63
MLS Listing ID 1590643
HOA Y/N No
Year Built 1972
Annual Tax Amount $82,097
Tax Year 2024
Lot Size 1.934 Acres
Acres 1.93
Property Sub-Type Office
Source recolorado
Property Description
PRIME COVERED LAND PLAY & REDEVELOPMENT OPPORTUNITY - Positioned perfectly in one of Denver's most accessible transit corridors, 3980 Quebec Street represents a premier covered land play for forwardthinking affordable housing developers. Rather than viewing the property through the lens of a traditional office asset, this offering centers on a strategic repositioning opportunity. The site features a 40,000 SF multi-tenant building situated on nearly 2 acres (84,242 SF) of prime land zoned I-MX-5. Investors can capitalize on existing cash flow or nearterm holding income from the existing structure while navigating the entitlement and permitting process to scrape and construct a high-density, income-restricted residential community.
Location
State CO
County Denver
Zoning I-MX-5
Interior
Fireplace N
Exterior
Parking Features Finished Garage
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Beacon Real Estate Services LLC
Nearby Locations
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TESTIMONIALS
Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!