42-56 units shovel ready development

For Sale

1899 S Acoma Street, Denver, CO 80223

This Denver property for sale is located at 1899 S Acoma Street. The current listed sale price for 42-56 units shovel ready development is $3,200,000. 42-56 units shovel ready development is situated on a lot that is 0.29 acre in size.

Contacts

broker
Cheryle Powell

Rocky Mountain

Property Details

  • Property Type Multi-Family
  • Property Size 12,415 SF
  • Units 42
  • Lot Size 0.29 Acre
  • Parking Spaces Avail. 38
  • Parking Ratio 0.90 / 1,000 SF
  • Date Updated Apr 1, 2025
Sperry, Rocky Mountain Commercial is pleased to present SoBo 42. A fully entitled and planned, 5-story 42-unit multifamily site located just south of downtown and near the Evans Light rail station. This distinctive development has all necessary governmental licenses and approvals, allowing a buyer the opportunity to start construction in 2024 and to stabilize in as little as 18 months. The site is one block off of Broadway and is on a quieter street, yet walking distance to entertainment and dining.Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start consturction immediately. 100% Market Rate Units - This project is grandfathered in from the Denver Affordable housing ordinances with the current permits. Light Rail in Walking Distance – Quick Access to downtown Denver and the entire metroplex means increased potential for investors. Significant decrease in time to Stabilization – With all planning and approvals done, as well as soft costs paid, this project will save 18-24 months in a buyers development process.
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Getting around

  • 80/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 70/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Denver, CO
  • Neighborhood Overland
  • Zip Code 80223
  • Market Denver

Points of Interest

  • Bakken Motorcars

    2.40 miles

  • 10th & Osage

    3.53 miles

  • Union Station Light Rail Plaza

    5.11 miles

  • Olde Town Arvada

    9.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cheryle Powell

Rocky Mountain

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