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Investment Highlights

  • Flexible development potential for multifamily, retail, restaurant, or mixed-use.
  • Positioned for future growth with planned City transit and streetscape improvements.
  • Rare signalized hard corner on Denver's West 38th Avenue Main Street Arterial.
  • Between Tennyson & Highlands Square, two of Denver's premier neighborhood retail districts.

Executive Summary

• Optionality, not a single bet: A qualified buyer can pursue an already-designed 29-unit multifamily building or a ground-floor retail, restaurant, or mixed-use concept — the same corner supports either strategy.
• Rare hard-corner exposure: Signalized, four-way intersection frontage on a designated Main Street Arterial is uncommon in this submarket and benefits both a residential and a commercial use case.
• Public investment tailwind: The corridor is the subject of an active City of Denver planning process (DOTI's West 38th Avenue Corridor Plan, finalized April 2025) directing future transit, pedestrian, and streetscape improvements to this stretch of West 38th Avenue.
• Located between two proven retail nodes: The site sits within walking distance of both the Tennyson Street and Highlands Square retail corridors, two of Denver's most consistently trafficked neighborhood commercial districts.

Property Facts

Price $1,450,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.27 AC
No. Stories 1
Zoning U-MS-3 - Denver's U-MS-3 (Urban Main Street) district is generally intended to promote an active, pedestrian-oriented, shopfront-style building form.

1 Lot Available

Lot

Price $1,450,000
Price Per AC $5,370,370.37
Lot Size 0.27 AC

3930 W. 38th Avenue occupies a signalized hard corner on West 38th Avenue, a designated Main Street Arterial, ideally positioned between the Tennyson Street and Highlands Square retail districts at the gateway to Denver's West Highland and Berkeley.

Description

3930 W. 38th Avenue presents a rare opportunity to acquire a highly visible corner property in one of Denver's most established and desirable urban neighborhoods. Situated at the signalized intersection of West 38th Avenue and Perry Street, the property benefits from four-way traffic control, marked pedestrian crosswalks, and outstanding visibility along a City-designated Main Street Arterial. Ideally positioned between the vibrant Tennyson Street and Highlands Square retail districts, the property is surrounded by an exceptional mix of restaurants, boutiques, neighborhood services, and established residential communities that continue to experience strong buyer and tenant demand. Located at the intersection of the West Highland and Berkeley neighborhoods, the site offers immediate access to two of Denver's most walkable, tree-lined neighborhoods, known for their enduring property values, architectural character, and active community atmosphere. The property also stands to benefit from the City's long-term vision for the West 38th Avenue corridor. Denver's recently adopted West 38th Avenue Corridor Plan identifies this arterial for future investments in transit, pedestrian connectivity, bicycle infrastructure, and streetscape enhancements designed to strengthen neighborhood accessibility and support continued economic growth. Existing RTD Route 38 bus service already provides convenient transit access along the corridor, with additional service improvements planned over time. Just one to two miles northwest of Downtown Denver, the location offers exceptional regional connectivity while maintaining the character and convenience of a neighborhood-oriented commercial district. Combining outstanding visibility, strong demographics, excellent accessibility, and long-term corridor investment, 3930 W. 38th Avenue is well positioned for a variety of commercial, mixed-use, or owner-user opportunities.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2301-04-046
Land Assessment
$286,500
Improvements Assessment
$286,500
Total Assessment
$286,500
  • Listing ID: 41504274

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: 3930 W 38th Ave, Denver, CO 80212

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