
Railyard Marketplace Redevelopment
Multifamily
Marketing description
Introducing a prime development opportunity in the heart of Denver, CO! This 25,701 SF three building property is sitting on 2.31 Acres in the heart of the RiNo district, boasting a favorable R-MU-30 zoning designation, is a multifamily investor's dream. Located in a thriving area, this building offers 75% occupancy, presenting immediate income generation potential. With its strategically advantageous location and impressive square footage, this property promises a solid return on investment. Don't miss out on the chance to secure a valuable asset in a sought-after market.
This is a prime location for a large multifamily development. Located at the intersection of Park Avenue West and Globeville Road, in the heart of the River North (RiNo) neighborhood, this property is adjacent to the downtown, Rino and Lower Highlands Neighborhoods. The area has been mostly redeveloped with large multifamily projects in the immediately surrounding areas. The area is highly sought out for its close proximity to downtown, LoHi and the I-25 and I-70 interchanges, RiNo is the hottest neighborhood in Denver for people moving to the city for its vibrant shops, restaurants, bars and art galleries. The property is conveniently located within walking distance to the 41st and Fox light rail station with service to Denver International Airport.The location is prime for development with Downtown Views to the East and Direct Mountain views to the West as well as direct river views of the South Platte River.
Investment highlights
- 25,701 SF between 3 single story retail buildings
- Zoned R-MU-30
- Prime RiNo location
- Staggered tenancy
- Large Multifamily Development Opportunity
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