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1225-1255 Xavier Street
Denver, 80204
FOR
SALE
$4,795,000
Active
0.59
Acres
MLS# 9204443
Cumulative Days on Market: Less than 1
(since
February 24th, 2025)
Data provided by the MLS.
Property Details
Xavier Residences is a near permit-ready investment opportunity to develop a unique hybrid apartment / townhouse project. The project is approved and recorded with the Zoning Department and construction permits have been submitted and are near approval.The architectural plans encompass a total of 71 units, with a breakdown consisting of 61 apartment units and an additional 10 townhome-style units available for sale. Notably, Xavier Residences stands as one of the last expansive development parcels in West Colfax.Of strategic benefit to the developer, the project underwent review prior to the implementation of Denvers new Expanding Affordable Housing development requirements, and SDP approved prior to EHA ordinances, positioning the project advantageously within the regulatory landscape. * * Near Permit-Ready Construction Project - SDP Recorded * * Hybrid For Sale / Rent Exit Potential * * Permitted Prior to New Affordable Housing Requirements and EHA ordinances * * One of the Last Expansive Development Parcels in West Colfax
Property Highlights
Price
$4,795,000
Property Type
Land
Property Sub Type
Improved Land
Acres
0.59
Location
County
Denver
Subdivision
West Colfax
View
Valley, Water
Zoning
G-MU-5
Property Details
Price
$4,795,000
Property Sub Type
Improved Land
Property Type
Land
Community
Local Schools
School District
Denver 1
Terms
Terms
Exclusions
Any and all private property.
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional, Other, Owner Will Carry
Taxes
Tax
Tax (Annual)
$3,123
Heating, Cooling & Utilities
Utilities
Sewer
Public Sewer
Lot
Acres
0.59
Lot Features
Level
Lot Size
25,800
Lot Size Area Sq Ft
25,800
Listed by Kaufman Hagan, thagan@khcommercial.com, 720-984-0419.
Listing Data last updated 02/24/2025 10:20 pm
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Property information last updated
Today
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1.
Data provided by the MLS.
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Listing Data last updated: 02/24/2025 10:20 pm
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Listed by Kaufman Hagan
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