431 Acoma St, Denver, CO 80204

Property Description

An exceptional opportunity to own a READY-TO-BUILD luxury multifamily project in Denver’s historic Baker neighborhood, featuring a thoughtfully designed duplex with the potential to incorporate two additional ADUs, creating up to four separate living spaces. The project has received approval from both the City and County of Denver Landmark and the Denver Building Department, offering a significant head start for your next investment. Designed by a premier luxury home builder, architect, and interior designer, the project includes construction documents and previously approved 2025 excavation permits. The property is being sold as a package with 433 Acoma Street, allowing for the full development of the proposed duplex and two ADUs. Ideally situated in the heart of Baker, this property is within walking distance of Denver Health, the vibrant dining and shopping along Broadway, and the historic Lower Downtown district. Enjoy convenient access to downtown Denver, the State Capitol, Cheesman Park, Washington Park, Governors Park, and Cherry Creek. With easy access to I-25 and 6th Avenue, commuting throughout the city or heading to the mountains is effortless. Whether you're an investor, developer, or builder, this is a rare opportunity to bring an approved luxury residential project to life in one of Denver's most desirable historic neighborhoods. The current annual property tax amount reflects the property's previous commercial zoning and use as a parking lot. The conversion to residential use has been completed and will be finalized upon commencement of construction, at which time the tax rate is expected to decrease. Don't miss this rare opportunity to secure a fully approved, luxury multifamily development in the heart of Denver. Bring your vision to life and capitalize on the potential of this exceptional investment!