45
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$2,275,000
Est. payment /mo
0.89 Acres Lot
Price Dropped by $475K
2426 S Federal BLVD Denver, CO 80219
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UPDATED:
12/21/2024 02:33 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6815595
HOA Y/N No
Originating Board recolorado
Year Built 1956
Annual Tax Amount $38,689
Tax Year 2023
Lot Size 0.890 Acres
Acres 0.89
Property Description
Discover a remarkable real estate opportunity at 2426-2428 S Federal Boulevard, a 0.89-acre site that includes three distinct buildings with outstanding visibility on South Federal Boulevard. This property is ideal for investors, owner/users, or developers seeking future redevelopment potential. The property features a 6,684-square-foot retail building fronting South Federal Boulevard, divided into two retail units. One unit is currently leased with approximately four years remaining, providing a stable income stream. The other unit, encompassing 2,100 square feet of renovated open space, is available for immediate use or can be leased out for additional revenue. Situated at the rear of the property is a beautifully updated single-family home, offering two bedrooms and one-and-a-half bathrooms. This residence is perfect for an owner/user or can be leased to generate extra income. Additional revenue opportunities abound with approximately 0.45 acres of yard space and storage, as well as a large billboard that can be leased. Conveniently located on South Federal Boulevard, this property enjoys excellent visibility and a central position near a wide range of amenities. You'll find restaurants, retail establishments, bars, coffee shops, parks, and entertainment options all within easy reach. Its prime location provides seamless access to downtown Denver and major roadways, making it a standout investment in the Denver area.
Location
State CO
County Denver
Zoning S-MX-3
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
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 Kentwood Commercial, Llc • karen@kentwoodcommercial.com,303-947-3665
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