3759 Chestnut Place, Denver, CO

$4,399,999

0.28

Acres

About 3759 Chestnut Place

Licensed Bar/Tavern Frederick Enterprises Inc. DBA “New Welcome Inn” in the RINO (River North Arts District) Arts District Prime Redevelopment! Walking Distance from the New World Trade Center and New Light Rail Station or the East Line. Walk a few blocks further in the other direction to the West Line. Hottest New Area in Denver that has tremendous Potential! 1/2 Block Away from the New Denver Greenspace that Denver is Investing a minimum of $5,000,000.00 on Improvements for this 10 Block Stretch of River Prominade. The Property is on Chestnut Place which has been designated a Festival Street by the City and County of Denver. This is a Tremendous Opportunity with Upside as Millions of Dollars are designated for the adjoining Properties and there Development? This is a Business and Property Sale! The Business has one of the Oldest Liquor Licenses in Denver with No Violations. Preliminary Development meetings with the City of Denver presented an Opportunity to Redevelop the Property into a 12 Story Building. Designation of 1st Floor Commercial, and 3 Floors of Parking with 8 Floors of Residential up above.

Facts & Features

MLS® # 8954123
Price $4,399,999
Bathrooms 0.00
Acres 0.28
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 3759 Chestnut Place
City Denver
County Denver
State CO
Zip Code 80216

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Available, High Speed Internet Available
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed December 30th, 2020
Days on Market 96
Zoning I-MX-5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBoundary Realty LLC

Listing Map

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