Listed by Marcus & Millichap - Denver
$495,000
Redevelopment Opportunity
Details
Property Type Retail, Land
Sub Type Commercial
Tenancy Vacant
Year Built 1966
Acreage 0.500
Zoning C-1
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A
Retail
Investment highlights
- Prime Golden Location - Strategically positioned along South Golden Road, a high-traffic corridor providing excellent visibility and convenient access to surrounding neighborhoods and employment centers.
- Flexible C-1 Zoning - Commercial zoning allows for a wide range of retail and service uses, including automotive, convenience, and specialty retail, enhancing adaptability for future tenants.
- Rare Half-Acre Parcel - The 0.5-acre site represents a scarce opportunity in the Golden submarket, where limited land availability supports long-term value preservation.
- Strong Local Demographics - Golden boasts a population of approximately 20,500 residents with a median household income near $96,000, driving consistent demand for retail and service-oriented businesses.
- Value-Add & Redevelopment Potential - Built in 1966, the property offers investors the ability to reposition or redevelop the site to maximize rental income and long-term returns.
- Proximity to Major Demand Generators - Nearby employers and institutions such as Coors Brewery, the Colorado School of Mines, and the National Renewable Energy Laboratory create a robust daytime population and steady consumer base.
Listing Contacts
Listed by Marcus & Millichap - Denver
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