2300 S Marion Street is a 26,350 SF redevelopment parcel in Denver’s University neighborhood, offered at $1,900,000. Zoned E-SU-D, which requires a minimum lot size of 6,000 SF, the site can be redeveloped into up to four single-family home lots, each of which can also have a detached accessory dwelling unit (ADU). The property is currently exempt from property taxes due to its non-profit status.
The property is minutes from Platt Park, South Broadway, and the University of Denver, in one of Denver’s most established neighborhoods. Demand for new homes is strong here, and very little land is available for new building.
Buying the site as one parcel gives a developer clear advantages. One negotiation, one due diligence period, and one closing replace the cost and risk of piecing together neighboring lots. The buyer controls the whole site plan and building several homes at once also saves money, since costs can be shared across the project.
Two leases are currently in place, each terminable on 30 days’ written notice. A developer can keep the income coming in through design and permitting, then clear the site when construction is ready to start.
Don’t miss this opportunity to acquire a prime redevelopment parcel in the heart of Denver.
