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640 W Tennessee Ave
Denver, CO 80223
Flex Property For Sale
Investment Highlights
- Secure, fenced Outside Storage; two yards; 0.5 FAR
- Central Denver location with quick access to I-25, Broadway, Santa Fe Dr., South Platte River Dr.
- I-MX-5 zoning allows for 5 story apartment building; 220 units+ possible
- 31,909 SF available for immediate occupancy; ability to grow into all 40,209 SF in near term; or keep existing 8,300 SF tenant for additional income
- Across the street from Vanderbilt Park, walking distance to I-25/Broadway RTD Station, Broadway Station redevelopment project & soccer stadium
- Easy access to S. Broadway retail/restaurants, Levitt Pavilion Music Venue, Washington Park and other amenities
Executive Summary
- Flexible Owner/User opportunity with the ability to ultimately occupy 100% of the building or lease a portion for supplemental income.
- Two tenant building, currently leased with near-term lease expiration dates and ability to occupy 31,909 SF immediately.
- Two tenant building, currently leased with near-term lease expiration dates and ability to occupy 31,909 SF immediately.
Property Facts
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 5154-03-016 | Improvements Assessment | $854,390 |
| Land Assessment | $854,390 | Total Assessment | $1,519,810 |
Property Taxes
Parcel Number
5154-03-016
Land Assessment
$854,390
Improvements Assessment
$854,390
Total Assessment
$1,519,810
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