1650 N High St, Denver, CO 80218

Property Description

Rare opportunity to acquire a prime City Park lot with a four-unit income property right next door in Denver's most desirable and centrally located neighborhoods. Located within the Wyman Historic District and subject to review by the Denver Landmark Preservation Board, this offering is zoned G-RO-3 with OD-1 overlay, providing a compelling blend of immediate income and long-term redevelopment potential. The property next door at 1646 N High Street consists of a four-unit apartment building generating current rental income, while 1650 N High Street is a vacant infill lot offering strong potential for duplex or other residential development (subject to Landmark approval). With approximately 12,500 SF of combined land area and 100 feet of frontage, the assemblage creates flexibility for a range of development strategies. Ideally positioned just moments from City Park, downtown Denver, and a vibrant mix of dining, shopping, and cultural amenities, this location continues to see strong demand and resale activity for new construction. Investors and developers benefit from the ability to generate income while pursuing entitlement and design review, helping offset carrying costs and reduce overall project risk. Offered at $1,799,000 for both parcels or $599,000 for the land (1650) and $1,200,000 for the multifamily (1646), with willingness to sell separately if it aligns with buyer strategy.*SEE SUPPLEMENTS FOR DEVELOPER PACKET**For additional information on historic district guidelines and property boundaries, visit: https://www.denvergov.org/maps/map/historiclandmarks