REAL ESTATE AUCTION

Don't Miss this Opportunity to Own this Rare Mixed-Use Parcel in Denver For a Fraction of It’s Value!

Min. Bid $99,000 – Previously Valued at over $250,000

Brokers Welcome - 3% Co Op

Will ABSOLUTELY SELL after Minimum Bid is Met!

AUCTION DATE: April 6 @ 11:07 am

PREVIEW DATE: Sat. March 31 11:00am – 1:00pm

1550 N. Pierson Street

Lakewood, CO 80215

Rare Commercial Investment Opportunity in Sought After High Density Transit Mixed Use Area

Are you looking for an amazing place to build your business? Talk about the right deal at the right time! The sky is the limit with the generous zoning on this versatile flat lot. This parcel could be used for almost anything – a multi-story office building, a retail store, or for an apartment building and you can build up to six stories high.

LOCATION – LOCATION – LOCATION!

This is a GREAT area for commerce, just .2 miles from prestigious Oak Street Station, a citizen-planned development with a positive business climate near the new light rail station.

This parcel is located in a Transit Mixed Use Zone District which is pedestrian and public transportation oriented, and features commercial, office, residential, research and development businesses along the rail line. The area is part of Oak Street Station’s comprehensive plan to ensure that new growth and development will complement the surrounding neighborhoods.

The District has great vitality, with sufficient density of residents, employees and users to support the light rail in the area, and generates a relatively high percentage of trips by transit. Offices, laboratory and R&D businesses to the south and west of the area help create a strong higher income employment base. Diverse and complementary use of the land have created a mix of businesses, restaurants, stores and entertainment that make this area a hub and a destination for working professionals and tourists alike.

Whether you buy and build or buy and hold, this is a superb investment.

• Commercial or multi-family residential use

• Advantageous light rail location

• Versatile flat parcel – build up to six stories

• Generous and flexible zoning

• Higher income employment base

• Regular light rail traffic – professional employees and tourists

•

AT A GLANCE

COUNTY: Jefferson

UTILITIES:

Electricity - yes

Water & Sewer: Public

Water Tap: Not Paid

Sewer Tap: Not paid

Cable & Telephone available

SCHOOL DISTRICT: Jefferson R-1

Elementary: Stober

Junior High: Everitt

Senior High: Wheat Ridge

LEGAL DESCRIPTION: Sunset Park Resub Tract 2 LOT: 0002

ZONING JURISDICTION: City, Transit Mixed Use Zone District

TAXES: $2,429.00

HEIGHT PARAMETERS: Can build up to 6 stories

Min. Bid $99,000