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This exceptional 0.353-acre site at 3777 Wynkoop St, Denver, CO 80216, presents a rare development opportunity. Zoned I-MX-12, it allows for a high-rise residential or mixed-use building, potentially up to 12 stories, with incentives for even greater height. The property boasts unparalleled access to public transit, situated just two blocks from the 38th and Blake Light Rail Station, providing convenient commutes to downtown Denver and Denver International Airport. This location benefits from the area's redevelopment plans, including the Blake Street Area Plan, and is surrounded by significant ongoing investments, such as the Fox Park and National Western Center developments. These projects will bring billions in investment and millions of square feet of new retail, office, and entertainment space to the immediate vicinity, driving future population growth and demand. The site's proximity to Downtown Denver (approximately 2.5 miles) offers direct access to a large employment base, including numerous Fortune 500 companies and a thriving tech sector. Furthermore, the property is located within Denver's vibrant RiNo Art District, known for its art galleries, breweries, restaurants, and entertainment venues, creating a highly desirable living environment. The existing 189,950 square foot approved site development plan for a 15-story, 183-unit multifamily building provides a strong foundation for immediate development. The property is exempt from the city's expanding housing affordability policy, offering significant advantages for developers. This is a truly unique opportunity to capitalize on Denver's booming real estate market and create a landmark development in a prime location. The asking price is $5,950,000.
Highlights
$5,950,000 asking price for a 189,950 square foot apartment building on a 0.353-acre lot in Denver, CO.
Located two blocks from the 38th and Blake Light Rail Station, providing easy access to Union Station and Denver International Airport.
I-MX-12 zoning allows for high-density, transit-oriented development up to 12 stories, with potential for taller structures.
Situated near major Denver developments like Fox Park and the National Western Center, driving future investment and population growth.
Close proximity to Downtown Denver's ample employment opportunities, including major corporations and a thriving tech sector.
Located in Denver's RiNo Art District, offering access to a vibrant arts and entertainment scene with numerous restaurants, breweries, and entertainment venues.
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