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430 W MAIN STREET - WEST END, COLORADO

Posted by Douglas Elliman Real Estate

12 May, 2020

430 W MAIN STREET - WEST END, COLORADO

US$5,300,000.00

Sunny corner with incredible potential - lot split already in place (two lots being conveyed together). Mixed Use zoning allows a wide range of commercial and residential uses. The existing classic Victorian home would make a great residence with the ability to add a guest house on the adjacent lot (or enjoy the huge grass yard as-is). Office, Retail, Restaurant and a plethora of other commercial uses are also allowed. A total of 8 City TDRs are approved to be severed and sold from the property (this alone would lower the cost basis of the property significantly), or utilize the approved development rights to add to the existing structure and/or build a secondary structure on the adjacent lot.

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