AUCTION TOMORROW: Minimum Bid $99,000, Previously Valued at $250,000
Will ABSOLUTELY SELL once Minimum Bid is Met!
Auction Date: This Friday April 6 @ 11:07 AM
Auction Location: Live on site at 1550 N. Pierson Street, Lakewood, CO 80215
LOCATION – LOCATION – LOCATION!
Commercial Investment Opportunity in Up and Coming Area near New Light Rail Station in Lakewood Area of Denver
High Density Transit Mixed Use Station Area with Very Flexible Zoning
This is a GREAT area for commerce with a positive business climate with very flexible zoning. This 9,621 sq ft lot with paved parking is less than .2 miles from future site of Fast Tracks Oak Street Station. Construction on the light rail is currently underway with opening scheduled for May 2013. The parcel is 1/2 block north of busy Colfax Avenue and adjacent to O'Reilly's Auto. Nearby are King Soopers, Sears, McDonalds. The nearby and the Westland Shopping Center.
Located in a proposed High Density residential/ retail area, this parcel is one mile east of Colorado Mills Shopping Center and eight blocks north of the Denver Federal Center and the new Saint Anthony's Hospital.
The sky is the limit with the generous zoning on this versatile flat lot, which is zoned as Transit Mixed Use Station Core which is planned for intense development. A true “diamond in the rough,” this parcel would be perfect for a coffee and donut shop or other small business.
The District has great vitality, with sufficient density of residents, employees and users to support the light rail in the area, and is expected to generate a high percentage of trips by transit. Offices, laboratory and R&D businesses to the south and west of the area help create a strong higher income employment base. Diverse and complementary use of the land have created a mix of businesses, restaurants, stores and entertainment that make this area a hub and a destination for working professionals and tourists alike.
Whether you buy and build or buy and hold, this is a superb investment.
· Commercial or multi-family residential use
· Advantageous light rail location
· Versatile flat parcel – build up to six stories
· Generous and flexible zoning
· Higher income employment base
· Regular light rail traffic – professional employees and tourists
Call 877-612-8494 or go to www.ajkaras.com for more information.
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