18503 E 57th Avenue, Denver, CO 80249

Property Description

VIP Commercial Real Estate presents developers with a prime infill development opportunity along the Pena Blvd corridor, known as Denver International Airport’s “Gateway to Denver”. This 5.42 acre parcel, zoned C-MU-20, is ideally geared for strip center comprised of Restaurant, Retail, Convenience Store & Gas, other Commercial, or Multifamily Development. Parcels to the North, East, and South are substantially developed as multifamily and restaurant/retail centers. The 150 acre tract to the west has development plans pending for major Multifamily and King Soopers anchored Strip Center, sharply increasing exposure and area activity. The property is situated in a region experiencing explosive growth - just minutes from DIA, shipping & manufacturing centers, major hotel brands, and I-70 leading to Aurora and Central Denver. The previous Buyer had development plans for 140 residential condominium units nearly approved, and released the property from contract for unknown reasons. Pricing is net of conveyance, acreage has already been transferred to the city for the installation of the new 57th avenue, roadway is complete. Disclosure: Seller is related to Listing Broker. Any mineral rights shall not transfer with title, will be retained by Seller.