421 Zang St, Lakewood, CO 80228

Investment Highlights

• Building Size / Site Area: ±35,010 SF building on ±8.5 acres

• Zoning: M-E-S (Mixed-Use Employment Suburban), permitting a broad spectrum of uses including:
  • Medical and healthcare facilities (former Charter Hospital)
  • Multifamily or mixed-housing development
  • Educational or institutional facilities
  • Senior living or assisted living communities
  • Hotel/motel and a wide range of commercial uses

• Recent Capital Improvements: New roof installed in 2017

• Optionality: Suitable for continued medical/office use, adaptive reuse, or redevelopment—rare opportunity for a site of this scale in Lakewood

Location & Accessibility

• Excellent Connectivity: Direct access from W. 6th Avenue, one of Lakewood’s primary east–west arterials, providing seamless access across the Denver metro area.

• Proximity to Major Corridors: Near West Alameda Parkway and Union Boulevard with convenient routes to I-70, enabling quick connections to Downtown Denver (15 minutes east) or the Foothills and mountain communities (15 minutes west).

• Visibility & Presence: Elevated site with commanding views of Downtown Denver to the east and Rocky Mountain Front Range to the west, enhancing redevelopment potential for residential or commercial uses.

Market Drivers

• Lakewood Growth: One of metro Denver’s most active submarkets, supported by strong population growth, rising household incomes, and expanding employment base.

• Redevelopment Demand: Limited large-parcel availability within established suburban corridors has created strong demand from multifamily, senior housing, healthcare, and institutional developers.

• Versatile Asset Profile: Existing improvements provide immediate functionality, while the size and zoning create a long-term strategic land position.