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Kalamath St Investment / Redevelopment 4 Properties Offered at $4,800,000 in Denver, CO
Investment Highlights
- Four-parcel assembly totaling nearly one acre near downtown Denver.
- Surrounded by strong transportation infrastructure with direct access to I-25 and 6th Avenue.
- Three income-producing buildings with established tenants including a restaurant, day spa, and office.
- Current zoning allows for diverse uses, including office, retail, residential, and industrial.
- RTD Light Rail runs directly behind the site, enhancing accessibility.
- Kalamath Street averages 14,000 vehicles per day, delivering excellent visibility and exposure.
Executive Summary
This property portfolio presents a unique investment and redevelopment opportunity within Denver’s dynamic urban core. Located on Kalamath Street, the site consists of four parcels totaling approximately 0.87 acres with a combined building area of over 9,000 square feet. It is currently configured with three income-producing buildings hosting tenants in the restaurant, day spa, and office sectors. Situated in a highly visible corridor averaging 14,000 vehicles per day, the property benefits from excellent accessibility and exposure.
The current I-MX-3 zoning supports an extensive range of uses, including mixed-use residential, retail, restaurants, hotel, office, and light industrial possibilities, creating exceptional flexibility for repositioning or redevelopment plans. Additional advantages include proximity to downtown Denver, convenient connections to 6th Avenue and I-25, and RTD Light Rail service immediately adjacent to the property. With 47 parking spaces and strong area demographics, this site offers investors substantial potential for both immediate income and future value-add opportunities.
The current I-MX-3 zoning supports an extensive range of uses, including mixed-use residential, retail, restaurants, hotel, office, and light industrial possibilities, creating exceptional flexibility for repositioning or redevelopment plans. Additional advantages include proximity to downtown Denver, convenient connections to 6th Avenue and I-25, and RTD Light Rail service immediately adjacent to the property. With 47 parking spaces and strong area demographics, this site offers investors substantial potential for both immediate income and future value-add opportunities.
Property Facts
| Price | $4,800,000 | Number of Properties | 4 |
| Price / SF | $526.14 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 9,123 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.88 AC |
| Status | Active |
| Price | $4,800,000 |
| Price / SF | $526.14 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 9,123 SF |
| Total Land Area | 0.88 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 118 Kalamath St, Denver, CO 80223 | Land | 0.07 AC | - | - |
| 114 Kalamath St, Denver, CO 80223 | Multifamily | 1,110 SF | 1895 | - |
| 150 Kalamath St, Denver, CO 80223 | Office | 7,216 SF | 1943 | - |
| 112 Kalamath St, Denver, CO 80223 | Specialty | 797 SF | 1896 | - |
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Kalamath St Investment / Redevelopment
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