Listed by Cushman & Wakefield - Denver, Colorado
$1,300,000
Citadel On Colfax
Details
Property Type Land
Sub Type Commercial
Acreage 3.670
Zoning PUD (Generally Retail/Restaurant/ Mixed-Use)
Land | 3.67 acres
Marketing description
The Citadel on Colfax presents an opportunity to purchase a development site in bulk and sell off individual lots to future owner-users. The project is being sold with limited development obligations remaining, of which those have been priced to allow for a future investor to quickly execute on the sale of individual lots.
Investment highlights
- The property sale includes the Business Improvement & Metro District parcels, ensuring the new ownership will have the ability to sit on the district.
- The City of Aurora is invested in seeing the project forward and city planners have expressed a willingness to consider a variety of uses for the different parcels.
- The proximity to I-225, the 30,000 VPD on Colfax, and the less than a half mile distance to the Anschutz Campus provides for strong retail dynamics for the remaining two frontage parcels.
- The interior parcels are well-suited for either secondary retail uses or additional townhome product.
- The project has demonstrated viability through the sale of land to Dutch Bro’s Coffee, Murphy USA, Popeye’s, Main Stay Suites, and a 148 townhome development.
- Lot 1 block 2: 0.79 ac
- Lot 1 block 7: 0.99 ac
- Lot 2 block 7: 0.75 ac
- Lot 2 & 3 block 1: 1.14 ac
Listing Contacts
Listed by Cushman & Wakefield - Denver, Colorado
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