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2019 Stout St


2019 Stout St | Denver | CO | 80205
County: Denver City and County
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Property Details

| Sale Price: $1,000,000.00
Property Status: Sold
Transaction Type: For Sale, Investment
Property Type: Retail
CAP Rate: 0.00%
Year of Construction: 1933
Zoning Description: D-AS-20+

Property Size

Available Size: 11,980 Sq Ft
Lot Size: 0.14 Acres
Units: 1

Property Description

NavPoint Real Estate Group is pleased to present this exceptional opportunity to purchase to purchase a historic yet modern property in Denver’s commercial real estate market. The Carson Press Building, built in 1933, seamlessly blends historic charm with modern upgrades, making it a standout investment. Located in the heart of downtown Denver, the property offers prime visibility, accessibility, and proximity to public transportation, dining, shopping, and entertainment options. The bustling area ensures high foot traffic, perfect for businesses seeking maximum exposure. Favorable zoning laws allow for dense, multi-story development, catering to both residential and commercial uses, thereby maximizing investment returns. With nearly 12,000 square feet of versatile space, the property is ideal for offices, retail, creative studios, or cultural centers. Denver’s thriving economy and growing population further enhance the investment appeal, offering significant growth potential in a rapidly developing area.

Property Highlights

• Historic Charm: Built in 1933, the Carson Press Building retains its historic architectural features, offering a unique charm that stands out in the downtown
Denver area.
• Spacious Layout: With nearly 12,000 square feet of space spread over two stories, this building provides ample room for a variety of uses.
• Versatile Use Potential: Ideal for office space, retail, creative studios, or cultural centers, thanks to its adaptable layout and significant square footage.

• Favorable Zoning: The property benefits from zoning regulations that allow for dense, multi-story development, making it an excellent investment for future
expansion.
• Development Flexibility: Suitable for a range of uses including residential, commercial, and mixed-use developments, maximizing the return on investment.
• Growth Potential: Positioned in a rapidly developing area of Denver, this property offers significant growth potential and attractive prospects for investors
• Zoned D-AS-20+: The Property is Zoned D-AS-20+ Downtown Arapahoe Square 20+ District. Height Restriction is 12 Stories.

• Prime Downtown Location: Situated in the heart of Denver, offering excellent visibility and accessibility.
• Proximity to Amenities: Close to public transportation, dining, shopping, and entertainment options, enhancing convenience for tenants and visitors.
• High Foot Traffic: Located in a bustling area with substantial pedestrian activity, ideal for businesses seeking high exposure.

• Historic and Modern Fusion: Blend the building’s historic charm with modern upgrades to create a standout property in Denver’s commercial real estate
market.
• Future-Proof Investment: Take advantage of the favorable zoning laws and downtown location to develop a property that meets the demands of a growing
urban population.
• Attractive Market: Denver’s thriving economy and growing population make this an attractive market for commercial real estate investments.

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