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$6,000,000

Address Hidden

CBRE is pleased to offer the opportunity to buy this sizable 0.95 Acre Infill Redevelopment Site situated steps from the heart of Denver's very popular Highlands neighborhood. 3245 Eliot Street is across the street from Highlands Park and is zoned U-MX-3 making it ideal for a Multifamily redevelopment. The property is a large corner lot on W 33rd Avenue and Eliot Street half-a-block off Federal Blvd, which sees around 37,000 VPD and has great accessibility to I-25 and Downtown Denver. One block east on W 32nd Avenue are wonderful retail amenities for any time of day including Park Burger, La Grande Mexicana, and Wooden Spoon Cafe and Bakery. Highlands Park includes amenities such as a city library, playground, and sports courts. The Highlands neighborhood is truly special in the sense that it blends the best of Denver retail with residential living right on the edge of Downtown Denver's CBD. There are many opportunities for this site with favorable U-MX-3 zoning allowing for most commercial uses including multifamily, hospitality, office, etc. Built in 1955, the property has been well maintained by the current owner, executing capital improvements as needed. The property condition offers flexibility for an Owner/User to immediately occupy as well. The Seller would prefer to have a component of Affordable Housing incorporated into the site and will consider that favorably with any offer.
Offered By
Monica Wiley, CBRE, Inc.

Property Details

Property Type Land
Status Closed
MLS # 6316968

Market Trends

New Properties On Market
7,923
76% Increase In New Listings
Average Asking Price
$739,626
$25,157 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$291
$17 Decrease In List Price/Sq. Ft.
Average Days On Market
9
19 Day Decrease In Days On Market
Data as of Apr 06, 2026. Remaining statistics above are calculated on activity within the period from Feb 01, 2026 to Mar 31, 2026.

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