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$125,000
27 Days On Site

3420 W 5th Avenue
Denver, CO 80204

For Sale|Land|Active
Subdivision:
PT Barnum Sub
County:
Denver
Call Now: (720) 679-5352
Is this the home for you? We can help make it yours.
(720) 679-5352
3420 W 5th Avenue
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Monthly Payment (Est.)

$570
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Profitable Investment Opportunity in Denver’s Thriving Barnum Neighborhood! This 1,500 sq. ft. lot presents an excellent opportunity for redevelopment in a rapidly revitalizing area. Surrounded by properties valued at $500K+, this lot is ideal for a scrape-and-build project or other investment opportunities. • Zoning & Development Potential: The seller is obtaining an official zoning letter from the city to confirm permitted uses. Previously home to an Accessory Dwelling Unit (ADU), the lot may allow for additional development options beyond an ADU. • Ideal for 1031 Exchange: A great option for investors seeking a 1031 exchange, with strong potential for residential income development in a growing neighborhood. • Prime Location: Walkable to Barnum Park, close to Barnum Recreation Center and the bike park, with convenient access to shopping, dining, public transportation and major roadways. • Land Sale Opportunity: The existing structure is likely beyond repair, making this best suited for redevelopment rather than a rehab investment. Zoning letter has been obtained. Notes from City Planner in Denver: The primary structure is not an ADU as this is its own zone lot. Yes the zone district lists a 6,000 SF minimum, but since the primary structure was built before zoning code, it is on a Non-conforming zone lot. Use and development of Non-conforming zone lots is covered in DZC 12.10.3.4. Buyers can scrape and rebuild, it would not be to the ADU form standard. It would be required that they develop it under E-SU-Dx zoning regulations, and the Suburban House form standard is the only form allowed for a small non-conforming zone lot. Don’t miss this chance to capitalize on Barnum’s ongoing transformation! Contact us for zoning details, land use possibilities, and 1031 exchange eligibility.

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Listing Snapshot
Price 
$125,000
Days On Site 
27 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
N/A
MLS® Number 
3776601
Status 
Active
Property Tax 
$1,456
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.03
Parking Spaces 
2
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer Connected
Zoning 
E-SU-D1X
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Exterior Features
Lot Features 
Level
Community Features
Financing Terms Available 
1031 ExchangeCash
School District 
Denver 1
Schools
School District
Denver 1
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of LIV Sotheby's International Realty mmetzler@livsothebysrealty.com



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than LIV Sotheby's International Realty are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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