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1940 Federal Blvd 1,139 SF 100% Leased Retail Building Denver, CO 80204 $2,092,596 CAD ($1,837.22 CAD/SF)



Executive Summary
Pinnacle Real Estate Advisors is pleased to exclusively offer the opportunity to acquire 1940 Federal Boulevard, a rare mixed-use redevelopment site strategically positioned at the signalized hard corner of Federal Boulevard and West 20th Avenue in Denver, Colorado. Situated directly adjacent to Empower Field at Mile High and minutes from Downtown Denver, Light Rail, Sloans Lake, The Platte River and more. The Property presents investors, developers, and owner-users with the opportunity to secure a highly visible urban infill site in one of Denver's most dynamic growth corridors.
The Property consists of approximately 15,104 square feet of land and is zoned C-MX-5, one of Denver's most flexible mixed-use zoning designations. The zoning generally permits development up to five stories and supports a wide variety of commercial and residential uses, including multifamily apartments, condominiums, boutique hotels, office, retail, restaurant, entertainment, and live-work concepts. Developers may pursue a true mixed-use project with active ground-floor commercial space and residential units above, creating the type of walkable, urban environment increasingly sought after throughout Denver's urban core. Based upon the site's size, configuration, and zoning, the Property may be capable of supporting approximately 50 to 75 residential units, depending on final design, parking strategy, unit mix, and city approvals. The combination of allowable density, prominent corner exposure, and proximity to Downtown Denver and Empower Field creates a unique opportunity to maximize both land value and future income potential.
Positioned at the intersection of several rapidly evolving neighborhoods including Jefferson Park, Sun Valley, and Downtown Denver, the Property benefits from exceptional connectivity to Interstate 25, regional transit, downtown employment centers, and Denver's premier entertainment destinations. The site is within walking distance of Empower Field at Mile High, home of the Denver Broncos, and is poised to benefit from continued public and private investment throughout the surrounding stadium district and central Denver submarkets. The area's ongoing transformation continues to attract new residential development, hospitality investment, and commercial activity, further strengthening the long-term investment thesis.
The property's rectangular configuration, hard-corner location, dual curb cuts, and alley access provide developers with a highly functional site capable of accommodating a variety of development programs. Existing improvements include a commercial building that may provide interim income, adaptive reuse potential, or a phased redevelopment opportunity while future plans and entitlements are pursued. Investors seeking a near-term repositioning opportunity may capitalize on the existing improvements, while long-term owners can benefit from the property's substantial redevelopment potential.
With nearly 38,000 vehicles per day traveling along Federal Boulevard, excellent visibility from multiple directions, and direct access to one of Denver's most recognizable entertainment districts, 1940 Federal Boulevard represents a unique opportunity to capitalize on the continued transformation of central Denver. Potential redevelopment concepts include mixed-use multifamily, boutique hospitality, entertainment-focused retail, restaurant and brewery concepts, creative office, live-work environments, or a destination-oriented project designed to serve both neighborhood residents and stadium visitors.
Rarely do opportunities arise to acquire a redevelopment site of this size, visibility, zoning flexibility, and strategic location adjacent to Empower Field at Mile High. Whether envisioned as a mixed-use residential community, hospitality destination, entertainment venue, or long-term land investment, 1940 Federal Boulevard offers investors and developers the opportunity to create lasting value within one of Denver's most desirable and rapidly evolving urban corridors.
The Property consists of approximately 15,104 square feet of land and is zoned C-MX-5, one of Denver's most flexible mixed-use zoning designations. The zoning generally permits development up to five stories and supports a wide variety of commercial and residential uses, including multifamily apartments, condominiums, boutique hotels, office, retail, restaurant, entertainment, and live-work concepts. Developers may pursue a true mixed-use project with active ground-floor commercial space and residential units above, creating the type of walkable, urban environment increasingly sought after throughout Denver's urban core. Based upon the site's size, configuration, and zoning, the Property may be capable of supporting approximately 50 to 75 residential units, depending on final design, parking strategy, unit mix, and city approvals. The combination of allowable density, prominent corner exposure, and proximity to Downtown Denver and Empower Field creates a unique opportunity to maximize both land value and future income potential.
Positioned at the intersection of several rapidly evolving neighborhoods including Jefferson Park, Sun Valley, and Downtown Denver, the Property benefits from exceptional connectivity to Interstate 25, regional transit, downtown employment centers, and Denver's premier entertainment destinations. The site is within walking distance of Empower Field at Mile High, home of the Denver Broncos, and is poised to benefit from continued public and private investment throughout the surrounding stadium district and central Denver submarkets. The area's ongoing transformation continues to attract new residential development, hospitality investment, and commercial activity, further strengthening the long-term investment thesis.
The property's rectangular configuration, hard-corner location, dual curb cuts, and alley access provide developers with a highly functional site capable of accommodating a variety of development programs. Existing improvements include a commercial building that may provide interim income, adaptive reuse potential, or a phased redevelopment opportunity while future plans and entitlements are pursued. Investors seeking a near-term repositioning opportunity may capitalize on the existing improvements, while long-term owners can benefit from the property's substantial redevelopment potential.
With nearly 38,000 vehicles per day traveling along Federal Boulevard, excellent visibility from multiple directions, and direct access to one of Denver's most recognizable entertainment districts, 1940 Federal Boulevard represents a unique opportunity to capitalize on the continued transformation of central Denver. Potential redevelopment concepts include mixed-use multifamily, boutique hospitality, entertainment-focused retail, restaurant and brewery concepts, creative office, live-work environments, or a destination-oriented project designed to serve both neighborhood residents and stadium visitors.
Rarely do opportunities arise to acquire a redevelopment site of this size, visibility, zoning flexibility, and strategic location adjacent to Empower Field at Mile High. Whether envisioned as a mixed-use residential community, hospitality destination, entertainment venue, or long-term land investment, 1940 Federal Boulevard offers investors and developers the opportunity to create lasting value within one of Denver's most desirable and rapidly evolving urban corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,139 SF
Building Class
C
Year Built
1958
Price
$2,092,596 CAD
Price Per SF
$1,837.22 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.35 AC
Zoning
C-MX-5 - Mixed use 5 story zoning
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
113’ on Federal Blvd
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2324-06-001 | Improvements Assessment | $481,538 CAD |
| Land Assessment | $481,538 CAD | Total Assessment | $481,913 CAD |
Property Taxes
Parcel Number
2324-06-001
Land Assessment
$481,538 CAD
Improvements Assessment
$481,538 CAD
Total Assessment
$481,913 CAD
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