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5701 W Colfax Ave
Lakewood, CO 80214
W. Colfax · Land For Sale · 0.74 AC

Investment Highlights

  • Shovel-ready opportunity
  • Busy Colfax corridor
  • Price includes designs and entitlements
  • Blighted designation
  • Walking distance to light rail station

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.74 AC
Zoning MGU

Description

Situated within a 1/2 mile of Sloan’s Lake and in one of Lakewood’s designated blighted zones, the site is exempt from some of Lakewood’s growth limitations including the residential dwelling allocations while still being a stone’s throw from some of Denver’s epicenter of development. Currently, the site has been designed and received city approvals for a mix of 72 units with a first-floor retail component and 100 parking spaces. The asking price includes all design and entitlement efforts of current ownership. As the Colfax corridor continues to undergo significant redevelopment, situated on the W Colfax Corridor and Sheridan, this is a unique opportunity with access to Sloan’s Lake, Downtown and some of Denver’s major thoroughfares like I-25 and highway 6.

  • Listing ID: 24861748

  • Date on Market: 1/18/2022

  • Last Updated:

  • Address: 5701 W Colfax Ave, Lakewood, CO 80214

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