1391 Ames St-Shovel-ready Infill Zoned MRT
1391 Ames Street | 15,246 SF infill development site in Lakewood for Sale
Marketing description
1391 Ames Street presents an exceptional infill development opportunity in Lakewood, Colorado. The 15,246-square-foot lot is zoned M-R-T (Mixed-Use Residential – Transit), allowing for a range of higher-density residential uses.
The current ownership has completed preliminary concept plans for a 38-unit project and has received initial review comments from both the City of Lakewood and the West Metro Fire District, giving a developer a meaningful head start on the entitlement and design process. The property is also located within a Qualified Opportunity Zone, offering potential tax-advantaged investment benefits.
Investment highlights
$27,600 gross annual tenant income
Preliminary design completed for 38-unit project with initial city and fire district comments
Walking distance to Sheridan light rail station with direct access to downtown Denver
Located on West Colfax Avenue, one of metro Denver's most active residential corridors, and surrounded by established homes, townhomes, and mid-density developments
Near Sloan's Lake Park, Edgewater Public Market, and neighborhood amenities
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