1317 Jersey St, Denver, CO 80220

Property Description

Exceptional opportunity in the highly desirable Mayfair neighborhood. Situated on a lot zoned MU-2.5, 1317 Jersey Street offers incredible potential for investors, developers, or buyers looking to build equity through renovation. Whether you're envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning opens the door to a variety of possibilities. This property also presents a fantastic opportunity for an owner-occupant-ideal for a first-time homebuyer looking to get into a prime Denver neighborhood, while benefiting from long-term upside. Additionally, it works equally well as an income-producing asset, whether through securing a tenant or holding as a rental investment. There is established precedent on the block for MU-2.5 redevelopment, including townhomes and/or condo projects, further supporting the long-term potential. Supplements include plans from a nearby corner project, offering valuable insight into what can be achieved within this zoning. The property is ideally located on a tree-lined street surrounded by established homes and ongoing development, making it a prime candidate for your next project. Enjoy close proximity to neighborhood favorites, parks, shopping, and dining, with easy access to Cherry Creek, downtown Denver, and major thoroughfares. A rare chance to secure a versatile, value-add property in one of Denver's most sought-after neighborhoods. This property is tenant occupied through 8/31/26 with rent of $2,775/month.