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Investment Highlights
- Rare infill development opportunity
- Includes 24 leased storage garages providing interim income
- Offers prime positioning for development
- Zoned G-MU-3 supporting multi-unit residential development
- Located near downtown
Executive Summary
A rare infill development opportunity just three blocks west of Cheesman Park, this G-MU-3-zoned property supports multi-unit residential, commercial, or mixed-use development. The site includes 24 leased storage garages that provide interim income during planning & city approvals. Located near Cherry Creek, Wash Park, and downtown, it offers prime positioning and flexibility for development opportunities.
Property Facts
| Price | $1,300,000 | Building Class | C |
| Price Per SF | $308.13 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,219 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1929 |
| Property Subtype | Self-Storage | Parking Ratio | 1.77/1,000 SF |
| Zoning | G-MU-3 | ||
| Price | $1,300,000 |
| Price Per SF | $308.13 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,219 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | G-MU-3 |
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5023-04-037 | Improvements Assessment | $39,140 |
| Land Assessment | $39,140 | Total Assessment | $48,220 |
Property Taxes
Parcel Number
5023-04-037
Land Assessment
$39,140
Improvements Assessment
$39,140
Total Assessment
$48,220
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961 N Marion St




