1220 W. 19th St
21,600 Sq. Ft. Building in The Heights
Marketing description
Approximately 1 acre property with a large metal shell in the heart of the Heights, adjacent to the new Watermark/Hines property. The building is 21,600 feet total with 16' to 20' ceilings. Tremendous potential given the location and the size of the building. Suitable for a wide range of uses, from ciderhouse to specialty medical space to a sports/recreational facility. Access from both West 19th and West 18th streets. 2% buyer's broker commission.
Embedded Site Advantages
- Existing concrete slab foundation, structural framing, and 21,600 SF building footprint on a 40,800 SF lot.
- Existing impervious cover predates current stormwater rules. Renovation or adaptive reuse would avoid triggering full Chapter 9 detention compliance.
- To permit 21,600 SF of new construction under current detention and setback requirements, a buyer would need a significantly larger lot — approximately 60,000 SF. At current Heights land prices, that additional land alone would cost more than $1.5M.
- Commercial water, sewer, and electrical connections are all in place. This not only saves on installation costs but also months of lead time.
- Established commercial driveway with curb cuts on both 18th Street and 19th Street.
A buyer who renovates this property rather than building equivalent space from scratch could save $2M–$3.5M in total project costs. Current rules would limit new ground-up construction on this lot to approximately 11,000 SF. By retaining the existing footprint, a buyer can inherit a 21,600 SF building at a density no longer achievable under today’s requirements.
NOTE: All estimates, projections, and statements regarding property characteristics, development costs, regulatory requirements, and potential savings are provided for informational purposes only and are based on Seller’s understanding of current conditions, which may change. Buyer is responsible for performing its own independent due diligence without reliance on any information provided herein and is advised to consult with qualified legal, tax, engineering, and environmental professionals before proceeding.
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