1729 Washington St. Redevelopment Site
Property Details
Price
$3,500,000
Property Details
Multifamily
Total Lot Size
2.14 Acres
Description

Covered land redevelopment with approximately $19,000 in current monthly revenue.

2.14 acres zoned Mixed Use Downtown (MUD). Seller has land use approvals for 131 units of multifamily and ground floor commercial space. Property qualifies for Vertical Housing Tax Credits with up to 80% property tax exemptions for 10 years.

Highlights
Fast-growing South Metro suburb
$19,000 a month in-place income
Mixed Use Downtown zoning
Land use approvals in place for 131-unit multifamily building
Site qualifies for Vertical Housing Tax Credits
Immediate access to Highway 99E and Interstate 205
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Brokers
Skip Rotticci, CCIM
Broker
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