CBRE is pleased to offer the opportunity to buy this sizable 0.95 Acre Infill Redevelopment Site situated steps from the heart of Denver’s very popular Highlands neighborhood. 3245 Eliot Street is across the street from Highlands Park and is zoned U-MX-3 making it ideal for a Multifamily redevelopment. The property is a large corner lot on W 33rd Avenue and Eliot Street half-a-block off Federal Blvd, which sees around 37,000 VPD and has great accessibility to I-25 and Downtown Denver.
One block east on W 32nd Avenue are wonderful retail amenities for any time of day including Park Burger, La Grande Mexicana, and Wooden Spoon Café and Bakery. Highlands Park includes amenities such as a city library, playground, and sports courts. The Highlands neighborhood is truly special in the sense that it blends the best of Denver retail with residential living right on the edge of Downtown Denver’s CBD.
There are many opportunities for this site with favorable U-MX-3 zoning allowing for most commercial uses including multifamily, hospitality, office, etc. Built in 1955, the property has been well maintained by the current owner, executing capital improvements as needed. The property condition offers flexibility for an Owner/User to immediately occupy as well.
The Seller would prefer to have a component of Affordable Housing incorporated into the site and will consider that favorably with any offer.