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For Sale

Walnut Street Portfolio

3101 & 3131 Walnut Street,
Denver, CO 80205
Represented by
Lee & Associates Denver

Asset Snapshot

Full Service
Retail Subtype
29
Parking Spots
0.79 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

3101 & 3131 Walnut Street presents a rare value-add and redevelopment opportunity in Denver’s dynamic River North Arts District (RiNo). The ±20,475-square-foot, two-building portfolio sits on approximately ±0.79 acres and is partially leased, providing in-place income with significant future upside. Rezoned C-MX-5 in 2023 and supported by Certificates of Demolition Eligibility, the property offers flexibility for continued occupancy, owner-user use, re-tenanting, or redevelopment. Zoning: C-MX-5 Intended for mixed-use construction with a maximum building height of 5 stories or 70 ft DO-7 River North Design Overlay District Elimination of the minimum parking requirement within 1/2 mile of the 38th & Blake Station 3101-3131 Walnut is within the 1/2 mile requirement of the 38th & Blake Station 3101 Walnut Street ±11,659 SF building Two-story creative office/retail property Multiple private studio/office suites ±3,354 SF available for an owner-user or new tenant ±29 surface parking spaces shared across the portfolio C-MX-5 zoning Strong visibility and access near Blake Street and 31st Street 3131 Walnut Street ±8,816 SF building Creative office/studio property Multiple private studio suites ±4,035 SF available for an owner-user or new tenant Common area and restroom facilities ±29 surface parking spaces shared across the portfolio C-MX-5 zoning Excellent RiNo location near Walnut Street, Blake Street, and 38th & Blake Light Rail Station


Investment Highlights

  • Value-Add / Redevelopment Opportunity
  • ±20,475 SF across two buildings
  • ±0.79-acre development site
  • C-MX-5 zoning and rezoned in 2023
  • Certificates of Demolition Eligibility
  • Prime RiNo location with excellent visibility and accessibility
  • ±29 surface parking spaces
  • Walking and biking distance to 38th & Blake Light Rail Station
  • Strong surrounding residential, office, retail, dining, and entertainment growth
  • 93 Walk Score, 98 Bike Score, and 70 Transit Score
  • Multiple potential exit strategies, including continued ownership, owner-user occupancy, re-tenanting, or redevelopment

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
Unlisted
Asking Price

Investment Sales Broker

JR Bitzer
Lee & Associates Denver

Market Insights