3420 W 5th Ave, Denver, CO 80204

**Developer’s Dream! Prime 1031 Exchange Opportunity in Thriving Barnum Neighborhood** Prime investment opportunity in Denver’s transforming Barnum neighborhood! Ideal for a 1031 exchange, this 1,500 sq. ft. lot offers potential for land use, scrape, or redevelopment in an area experiencing significant rezoning and revitalization. The current structure, formerly an ADU, provides the option for rental income through a rent-back arrangement with the seller while you secure permits, anticipated to take approximately 8 months. This lot offers endless possibilities for 1031 exchange investors and developers seeking land use, scrape, and redevelopment opportunities in one of Denver’s most rapidly revitalizing areas. Located within walking distance to Barnum Park, the Barnum Mountain Bike Park is also nearby, with beautiful Barnum Lake and its City views, and Barnum Recreation Center with pools to enjoy in the summer months. You will notice this property is surrounded by ample amenities. **Please note: Gas service has been shut off to the property, and the insurability of the structure is unknown.** No interior showings will be permitted until an offer is received and accepted, and earnest money is deposited. Earnest money will become non-refundable ("go hard") 48 hours after Mutual Execution of Contract (MEC). Take advantage of this rare opportunity to invest in one of Denver's fastest-evolving neighborhoods! Whether you’re looking for a scrape-and-build or a land-use investment, this property is poised for tremendous future potential. Be sure to check out the possibilities for 1031, land use, residential income, and redevelopment opportunities!