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4488 Delaware St
Denver, CO 80216
Land For Sale
·
0.34 AC
Investment Highlights
- Strategic WTC Perimeter Positioning
- Flexible Development or Assemblage Play
- Rare Triple Frontage Configuration
Executive Summary
The property is currently comprised of three residential structures, each leased on a month-to-month basis. Existing rental income is as follows:
* 4488 Delaware St: Approximately $1,850/month
* 4494 Delaware St: Approximately $2,200/month
* 4495 Cherokee St: Approximately $1,100/month
Total Gross Monthly Income: ~$5,150
4495 Cherokee Street is configured as a smaller studio-style unit with a basement and is currently in below-average condition, which is reflected in its lower rental rate.
Detailed lease documentation will be made available upon execution of a contract. Buyers are advised that the current income should be viewed as interim in nature, as the highest and best use of the property is redevelopment.
Property Facts
1 Lot Available
Lot
| Price | $1,952,146 CAD | Lot Size | 0.34 AC |
| Price Per AC | $5,741,757.82 CAD |
| Price | $1,952,146 CAD |
| Price Per AC | $5,741,757.82 CAD |
| Lot Size | 0.34 AC |
A.) 4488 Delaware Street, Denver, CO 80216-2631 - 02222-05-002-000 - HORNES SUB B1 L3 B.) 4494 Delaware Street, 02222-05-001-000 - HORNES SUB B1 L1 & 2 C.) 4495 Cherokee Street, 02222-05-025-000 - HORNES SUB 2ND FLG B1 L47 & 48
Description
Offered at $1,400,000, this 0.34-acre (14,810 SF) three-parcel assemblage presents a compelling development opportunity in Denver’s Fox Park / Globeville submarket. The property consists of 4494 Delaware Street, 4488 Delaware Street, and 4495 Cherokee Street, and features rare triple frontage along Delaware Street, Cherokee Street, and W 45th Avenue, providing strong access, visibility, and site planning flexibility. Positioned on the eastern edge of the planned World Trade Center Denver Campus, the site benefits from proximity to one of the area’s most significant mixed-use developments. The surrounding corridor is experiencing increasing redevelopment activity, with a growing trend toward multifamily and mixed-use projects. The assemblage supports a range of potential uses, including boutique mixed-use, condominium development, or long-term hold for future assemblage as the area evolves. Its location offers convenient access to I-70, I-25, and the 41st & Fox RTD Station, providing strong connectivity to Downtown Denver and the broader metro area. This offering is well suited for developers and investors seeking a strategically positioned infill site with both near-term development potential and long-term upside tied to continued growth in the Fox Park district.
