3702 Walnut Street

INCREDIBLE LAND OPPORTUNITY TO DEVELOP 8 STORIES IN THE HEART OF DENVERS HOTTEST RINO NEIGHBORHOOD. THIS CORNER LOT INCLUDES BOTH 3702-3706 WALNUT AND IS ZONED C-MX-8. THIS CORNER LOT HAS FRONTAGE ON BOTH WALNUT AND DOWNING STREET AND IS THE LAST DEVELOPMENT OPPORTUNITY AT THIS HEAVILY TRAFFICKED CORNER AND HAS INCREDIBLE ACCESS BEING LESS THAN A MILE TO I-70 AND ONE EXIT TO I-25. THE SITE IS ALSO VISIBLE FROM THE 38TH BLAKE STREET LIGHT RAIL STOP (A LINE HAS DIRECT ACCESS TO THE AIRPORT). DOWN THE STREET FROM THE MISSION BALLROOM AND INCREDIBLE DINING, DOWNTOWN, COORS FIELD AND EASY ACCESS TO THE MOUNTAINS. CURRENTLY THIS IS A 4-PLEX THAT EARNS $7500 A MONTH/90K PER YEAR IN RENTS. THERE ARE 4 TWO-BEDROOM UNITS. 100 PERCENT RENTED- GREAT OPPORTUNITY TO COLLECT RENTS WHILE GOING THROUGH A PLANNING PROCESS.

Listing Office: Coldwell Banker Global Luxury Denver