
Denver, CO4901 W 38th Avenue
Price$1,675,000
Est. Mortgage: $/month
MLS Number 1645019
- Land
- Acreage 0.31
Assemblage of 4901 & 4915 W 38th totaling 13,294 square feet with excellent U-MX-3 zoning on a great corner [Xavier] in Berkeley and across the street from The Highlands. Its five blocks from Tennyson – the perfect distance because its very-easily walkable but far enough that the parking isn’t crazy. It’s access is excellent, and the signal is a block away at Wolff, where Sprouts is located. This would be excellent for redevelopment site for townhomes, for a three-story mixed-use building, or even for retail or a restaurant. 4901 is a well-built and a not-so-long-ago renovated 1,800 square foot medical office that’s been well-maintained, with nine exam rooms/offices. It could be ideal for counseling, for a veterinary practice or a variety of other uses. 4915, which is a tudor home with yet-to-be-recognized beauty, is livable and has a newer furnace, newer electrical service, newer roof but it has a lengthy list of “want” and “need” updates and fixes (it looks like a third of NW Denver did in the 1980s, before renovations were as common as they are today . 4915 has not been renovated anticipating its somewhat likely to be scraped for new development or for a parking lot and/or drive-thru space for 4901. It obviously comes with two water taps and two sewer taps (one for each). Its unlikely that one will be sold without the other – there is additional value in the assemblage, BUT, 4901 [alone] may be available for lease if this isn’t the right time to buy. Co-listed with Chuck Zeman, 303-905-1569.
Listed by Steven Kinney of RE/MAX PROFESSIONALS
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