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18543320
18543311

2757 Colorado Blvd, Idaho Springs, CO 80452

JS
IC.100067109
Joshua Spinner
Listed by Joshua Spinner
$2,500,000
698 days on market
Updated 55 days ago
Opportunity zone

Redevelopment lot: Mixed use comm/res in Idaho Springs

Details
Property Type Industrial, Mixed Use (+2)
Sub Type Single Family Rental Portfolio
Units 4
Investment Type Redevelopment

Redevelopment opportunity in hot Idaho Springs Colorado

Marketing description

One of the hottest lots in all of Colorado. Historic Idaho Springs is a booming hot spot. Over 22 million cars go by annually with people looking to get out of the big city. Highest and best use would probably be multi-family or mix use with retail. For excellent income without construction cost consider much needed paid parking. Across the street from the huge Argo development site which will include: a gondola, amphitheater, a restaurant and mountain bike trail system. Steps away is beautiful Clear Creek and two new walking bridges. Adjacent to the new Clear Creek Greenway bike path which will connect Summit county through Idaho Springs to Golden Colorado. This property is just off of the first Idaho Springs exit on the main drag through town. Starbucks, McDonalds, Subway & Carls Jr. corporations like this location as their establishments are just 2 blocks down on the same street. Only 1/2 hr. to the Denver Metro area. Blocks to the historic district with fun shops, bistros and brewpubs. Two ski areas within 1/2 hr. 5 more world class ski areas are only 1 1/2 hrs away. 1 Hr. to Denver airport. Historic Georgetown and the world famous Georgetown Loop Railroad are only 15 minutes up the road. Multiple Casinos are just 10 miles down the road. Street frontage in front and in the back(ideal drive-thru or rear parking). New city infrastructure including gas, water, sewer, sidewalks and pavement on Colorado Blvd. Upgraded water and sewer line on property. Currently there is an old hotel and two homes on this combined .7 acre lot. One of the homes is included on a attached lot. You can collect rent from 3 rental units, 2 garages and storage units while waiting to develop the property.

Investment highlights

One of the hottest lots in all of Colorado. Historic Idaho Springs is a booming hot spot. Over 22 million cars go by annually with people looking to get out of the big city. Highest and best use would probably be multi-family or mix use with retail. Across the street from the huge Argo development site which will include: pedestrian plazas, viewing decks, an observation trestle, an amphitheater, a nature trail and mountain bike trail system. Steps away is beautiful Clear Creek and two new walking bridges. Adjacent to the new Clear Creek Greenway bike path which will connect Summit county through Idaho Springs to Golden Colorado. This property is just off of the first Idaho Springs exit on the main drag through town. Starbucks, McDonalds, Subway & Carls Jr. corporations like this location as their establishments are just 2 blocks down on the same street. Only 1/2 hr. to the Denver Metro area. Blocks to the historic district with fun shops, bistros and brewpubs. Two ski areas within 1/2 hr. 5 more world class ski areas are only 1 1/2 hrs away. 1 Hr. to Denver airport. Historic Georgetown and the world famous Georgetown Loop Railroad are only 15 minutes up the road. Multiple Casinos are just 10 miles down the road. Street frontage in front and in the back(ideal drive-thru or rear parking). New city infrastructure including gas, water, sewer, sidewalks and pavement on Colorado Blvd. Upgraded water and sewer line on property. Currently there is an old hotel and two homes on this combined .7 acre lot. One of the homes is included on a attached lot. You can collect rent from 3 rental units, 2 garages and storage units while waiting to develop the property. Both lots are being sold together. Seller will not seperate the lots. The property is being sold for the redevelopment land value even though there is some rental income. One of the houses can be shown. The others can be shown with an accepted offer.

Listing Contacts

JS
IC.100067109
Joshua Spinner
Listed by Joshua Spinner

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