900, 950, & 970 Federal Blvd, Denver, CO 80204
Available For Sale
OFFERING SUMMARY
This assemblage offers an excellent development opportunity at the northeast corner of Federal Boulevard and 9th Avenue. The Sun Valley Neighborhood site is 1.34 acres and elevated above the eastern parcels offering ground level city and mountain views. Located in both Opportunity & Enterprise Zones, the parcels are currently zoned E-MX-3 with 950 & 970 Federal parcels in the process of being rezoned to C-MX-8 to allow for an 8+ story mixed-use development with the potential for 12+ stories through affordable housing incentives.
OFFERING HIGHLIGHTS
Rezone formal application in process for 8+ story (12 stories with affordable incentives) for parcels 950-970 Federal Blvd. Complete by January 2025. (parcel for 900 Federal Blvd. is zoned E-MX-3).
Corner location on 9th and Federal with points for ingress and egress for both northbound and southbound traffic.
Ability to capture mountain and downtown city views.
Great access to Colfax, I-25 and 6th Ave.
Sun Valley neighborhood connects to Denver’s, The River Mile, and the Stadium District’s entertainment area.
Located within an Opportunity Zone and an Enterprise Zone for tax benefits and incentives.
Located near multiple bus and train stations for transportation around the City.
Nearby outdoor amenities: Paco Sanchez, Barnum Mountain Bike, South Platte river and bike paths, Lakewood Gulch Park, Rude Recreation Center, and the Denver Bronco’s - Empower Field.
Property SF Totals
Total Property: 1.34 Acres / 58,389 SF
900 Federal Blvd: 15,970 SF
950 Federal Blvd: 19,723 SF
970 Federal Blvd: 22,696 SF
Total Building: 7,223 SF
Zoning
900 Federal Blvd: E-MX-3
950 & 970 Federal Blvd: E-MX-3 (*final application in process for C-MX-8 zoning for January 2025; supported by neighborhood associations)
SALE PRICE:
$10,874,093 ($186.23/SF)