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$4,050,000
216 16th St, #216-land only, Denver, CO, 80202
Sold before publishing. Own a part of the 16th Street Mall. (.355 Acres). "For Sale".."Land Only".. "Landlease". Currently generates $18,886.09 per month net with an escalation clause every 10 years. Current land lease ends 06.30.2079 and then you own the 17 story building too. (67+ years remaining lease term). Secure investment currently providing a good return and a huge long term return.
Offered By
Steve Steward, Steward Realty
Property Details
Property Type
Land
Status
Closed
MLS #
724902
Utility Features
Natural Gas Available
SEWER
Public Sewer
WATER SOURCE
City
Year Built
1983
Lot Features
Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet
View
Mountain(s), Hills, City
CITY
Denver
SUBDIVISION
Mall
COUNTY
Denver
AREA
Metro Denver
STATE
CO
SUB AREA
Metro13/DTC
TAX AMOUNT
0.0
LATEST UPDATE
2026-01-23T16:53:34.983Z
PRICE CHANGE(S)
$4,050,000 Oct 21, 2025
Property Details
Property Type
Land
Status
Closed
MLS #
724902
New Properties On Market
58
18%
Increase In New Listings
Average Asking Price
$815,541
$130,394 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$606
$92 Increase In List Price/Sq. Ft.
Average Days On Market
11
22 Day
Decrease In Days On Market
Data as of Apr 11, 2026.
Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.