Discover an exceptional investment opportunity at 6231 Federal Blvd, Denver, CO 80221. This 0.63-acre property, currently operating partially as a motel is ideally situated for redevelopment into a multifamily residential complex or conversion into apartments.
Prime Location: Located within the opportunity zone close to the Clear Creek PUD and Federal Station TOD, this property is just a short walk from the Clear Creek/Federal Station on RTD's G Line, offering seamless connectivity to downtown Denver and surrounding areas.
Thriving Community Developments: The area is experiencing significant growth, highlighted by the Federal Station transit-oriented development (TOD), which encompasses approximately 12 acres near 60th and Federal Blvd. This initiative aims to create a vibrant, mixed-use community, enhancing the neighborhood's appeal and value. In addition the Clear Creek PUD less than a block away is a nearly 21 acre development that has already broken ground.
Opportunity Zone Benefits: Located within an Opportunity Zone. Potentially offering attractive tax incentives to savvy investors.
High Visibility and Traffic: Situated on Federal Boulevard, a major arterial road in Denver, the property benefits from high daily traffic counts, ensuring excellent visibility for future developments. This prime location is surrounded by a variety of local businesses and attractions, contributing to a dynamic and convenient urban lifestyle.
Property Details:
Size: 0.63 acres
Current Use: Motel
Zoning: C-5
Potential: Redevelopment into multifamily residential units or apartment conversion
Seize this unique opportunity to invest in a rapidly developing area of Denver, with excellent transit access, community enhancements, and favorable investment incentives. For more information or to schedule a viewing, please contact the listing broker.
The adjacent property also for sale at 6201 Federal Blvd.