2426 S Federal BLVD, Denver, CO 80219 – 6815595

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Natalie Olmsted

tealproteam@gmail.com +1(719) 287-8067

$2,750,000

Est. payment - /mo

0.89 Acres Lot

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UPDATED:

10/08/2024 04:04 AM

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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Listed by Kentwood Commercial, Llc • karen@kentwoodcommercial.com,303-947-3665

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Natalie Olmsted

+1(719) 287-8067

Broker Associate | License ID: EA100055370

Broker Associate License ID: EA100055370

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