Rare 0.81-acre full-block commercial redevelopment opportunity in one of Aurora's fastest-growing investment corridors. Ideally located on the south side of East Colfax Avenue, just minutes from the University of Colorado Hospital and the Anschutz Medical Campus. The property is improved with a 52-unit motel, providing potential interim income while redevelopment plans are pursued. This offering is for the real estate only and is being marketed primarily for its land value and redevelopment potential, not as an operating motel business. Commercial zoning supports a variety of potential uses, including hotel, multifamily, medical office, mixed-use, senior housing, student housing, and retail (subject to zoning and governmental approvals). Excellent visibility along the high-traffic East Colfax corridor with convenient access to I-225, I-70, Downtown Denver, and Denver International Airport. Surrounded by significant public and private investment, this is a rare opportunity to acquire a premier infill development site in one of Colorado's most dynamic growth markets. Existing improvements offer potential holding income while planning future development.
Property details
Property
Type
Commercial Land
MLS type
Commercial Sale
Status
Active
Year built
1947
Lot
0.81 AC / 35,283 SF
MLS #
3631718
Utilities
Utilities
Electricity Connected, Internet Access (Wired), Natural Gas Connected
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$80,911
Parcel
032572612
Location
County
Arapahoe
Directions
Located on the south side of East Colfax Avenue between Peoria Street and Dayton Street, just minutes west of the University of Colorado Hospital and the Anschutz Medical Campus.
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