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3931 N High St - High Street 0.22 Acres of Commercial Land Offered at $4,250,000 in Denver, CO 80205

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INVESTMENT HIGHLIGHTS

  • High-Growth Location: Located in one of Denver’s most active redevelopment zones with strong public and private investment momentum.
  • Strategic Size: 9,500 SF parcel is ideal for a single-tenant user or a compact multi-story development without excessive carrying costs.
  • Long-Term Value: Scarce availability of industrial mixed-use zoning in core Denver positions this property for significant appreciation.
  • Flexible Zoning: I-MX-5 allows broad commercial and light industrial use categories with residential and mixed-use potential.
  • Strong Market Drivers: Denver’s urban core continues to experience low vacancy rates for flex/industrial product and high tenant demand for creative s

EXECUTIVE SUMMARY

Prime Redevelopment Opportunity in the Heart of Denver’s Urban Growth Zone
3931 N High Street offers a strategic adjacency to the Denver Rock Drill Redevelopment — an 8-acre, city-subsidized ($39 M TIF) mixed-use project. The site is ideally positioned to capture the spillover of 1M SF of new commercial and residential space planned under the City’s Urban Redevelopment Plan
3931 N High Street presents a rare chance to acquire a fully owned commercial parcel within one of Denver’s most dynamic emerging corridors — the Cole and RiNo North districts. This property sits just steps from the $600 million Denver Rock Drill mixed-use redevelopment, where 14 acres of former industrial land are being transformed into a vibrant community with residential, office, retail, and hospitality uses. The immediate area is rapidly transitioning from legacy industrial to modern hybrid uses, supported by new infrastructure, strong population growth, and City of Denver incentives for adaptive reuse and urban infill.
Property Summary
• Address: 3931 N High Street, Denver, CO 80205
• Parcel Size: Approx. 9,500 SF (0.22 acres)
• Zoning: I-MX-5 (Industrial Mixed-Use 5 stories)
• Ownership: Fee Simple – Delivered Vacant
• Topography: Flat, build-ready site with public utilities at the lot line
• Frontage: ~50 feet on High Street with excellent visibility and access
• Access: Minutes to I-70, I-25, Downtown Denver, and the 38th & Blake RTD Station

Location Highlights
• Proximity to Rock Drill Redevelopment: Directly adjacent to the 14-acre mixed-use campus under construction — a catalyst project for RiNo North expected to deliver 600+ residential units, 250K SF of office, and ground-floor retail.
• Connected Urban Corridor: Within walking distance of Brighton Boulevard, Walnut Street, and Downing Street corridors; just minutes to the Denver Zoo, City Park, and Downtown core.
• Transit & Infrastructure: Near RTD A-Line (Union Station ? DIA) and major road arterials; ideal for commuter or last-mile distribution uses.
• Growing Residential Base: Surrounded by high-end multifamily and townhome projects fueling demand for local services, retail, and creative workspace.

Zoning and Development Potential
I-MX-5 (Industrial Mixed-Use 5 stories) is one of Denver’s most flexible and future-forward zoning designations. It encourages redevelopment of older industrial properties into urban mixed-use and hybrid commercial projects.
Permitted uses include:
• Light industrial and maker spaces
• Showroom, flex, and studio uses
• Retail and food service establishments
• Commercial service and office uses
• Small-scale residential and mixed-use projects (subject to review)
The zoning’s five-story height allowance supports creative vertical development concepts — ideal for projects ranging from self-storage with retail activation to a boutique laundry lounge and co-working hub, or a hybrid light industrial and office campus. This is an excellent candidate for SBA 504/7(a) financing, owner-user operations, or joint venture redevelopment with institutional capital.
Potential Use Concepts
• Hybrid self-storage and service hub with active ground-floor uses (laundromat, retail, vending pods)
• Maker studio and creative office flex space
• Urban laundry lounge and co-working facility with micro-retail integration
• Light industrial distribution or logistics facility
• Small multi-family or live-work development (subject to planning approval)
Each concept leverages the site’s industrial infrastructure and 5-story height potential while meeting demand from Denver’s creative, entrepreneurial, and service-based economy.
Surrounding Redevelopment & Market Momentum
The RiNo and Cole neighborhoods are experiencing transformative growth, driven by major projects such as:
• Denver Rock Drill Redevelopment: 600+ units, office, retail, and hospitality coming online next door.
• The Hub at 40th & Williams: Large-scale mixed-use project anchored by office and residential components.
• York Street Yards and Catalyst Campus: Repositioned industrial spaces offering flex and innovation facilities.
• 38th & Blake Transit Oriented District: The first station-area rezoning in Denver to promote dense, walkable, mixed-use development.
These projects illustrate the ongoing trend of converting industrial land to high-value urban uses — a trend that 3931 N High Street is ideally poised to capitalize on.
Financial and Ownership Details
• Property will be delivered vacant and unencumbered by debt or lease agreements.
• Suitable for cash, conventional, or SBA-backed financing.
• Potential for 1031 exchange placement.
• Owner is open to discussion of joint-venture development or build-to-suit arrangements with qualified partners.
Summary
3931 N High Street is a strategic infill parcel offering the rare combination of industrial flexibility, urban accessibility, and mixed-use upside. Whether held for long-term appreciation or activated immediately for commercial use, the site represents a strong investment in Denver’s next wave of urban growth. With flexible I-MX-5 zoning, immediate access to infrastructure, and proximity to billion-dollar redevelopment activity, this property is positioned for transformational value creation.

PROPERTY FACTS

Price $4,250,000
Sale Type Investment
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.22 AC
Zoning I-MX-5 - Zoning: I-MX-5 (Industrial Mixed-Use 5) — Allows light industrial, commercial, and mixed-use development up to five stories.

1 LOT AVAILABLE

Lot

Price $4,250,000
Price Per AC $19,487,367.60
Lot Size 0.22 AC

9,500 SF I-MX-5 lot near RiNo and Rock Drill redevelopment; flat, build-ready site ideal for mixed-use, retail, or light industrial use up to 5 stories.

DESCRIPTION

Positioned at the crossroads of Denver’s fastest-growing urban neighborhoods, 3931 N High Street offers a rare owner-user or developer opportunity within walking distance of the $600 million Rock Drill redevelopment and Denver’s expanding 38th & Blake transit corridor. The property sits on a 9,500 SF industrial-zoned lot (I-MX-5), allowing for flexible mixed-use applications including light industrial, commercial service, boutique retail, self-storage, laundry lounge, or small-scale multifamily development up to five stories.

Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38190355

  • Date on Market: 10/23/2025

  • Last Updated:

  • Address: 3931 N High St, Denver, CO 80205

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