$2,400,000

1275 Ames Street

Lakewood CO, 80214

Description

Great development opportunity on 3 lots to scrape and build in one of Lakewoods hot multi-family building neighborhoods. Offered together are 3 side by side lots: 1269, 1271 & 1275 with all lots to be sold together. A total of 0.574 acres of M-R-T zoned land which allows for 20+ townhomes or 50+ apartments to be built up to 5 stories high! One parcel has an ideal corner lot location. Buyer shall perform their own research to determine what developments are possible. Many developments have already applied for permits near these lots. There are 4 units that can be rented if investor prefers not to scrape The Light Rail Sheridan Station is only 1 block away. Close proximity to Sloans Lake, Downtown Denver, Mile High Stadium, and St Anthonys redevelopment with Starbucks, Alamo Drafthouse & more. Located within a Colorado Opportunity Zone which creates an additional incentive to invest in communities by deferring and possibly eliminating the capital gain tax on long-term investments.

Details

MLS#6845827
StyleIndustrial
Sub-TypeResale
StatusActive
Year1908
Days On Site253

Features

SQ Feet7,474
Story(s)1
Units4
ZoningM-R-T

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Area Information

StateCO
CountyJefferson
CityLakewood
Zip Code80214
AreaJefferson
Listing VS Median (in 80214)
Price:
$2,400,000
low | high
Med:
$427,000
100% of Average
SqFt:
7,474
low | high
Med:
698
100% of Average
$ / SqFt:
$321
low | high
Med:
$154
100% of Average
On Site:
253
low | high
Med:
39
100% of Average
Listing Updated: 11/12/2019
MLS Number: 6845827
Listing Provided By:
Michael Lies  of  Gold Compass Real Estate Inc