Jennie Lee
LOT SIZE 0.810 acres
MLS#3631718
STATUSActive
PROPERTY TYPELand - Commercial
Listing Courtesy of:
LEEnKang Realty Inc.
Agency Contact: leenkang22@gmail.com
Property Description
Rare 0.81-acre full-block commercial redevelopment opportunity in one of Auroras 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 Colorados most dynamic growth markets. Existing improvements offer potential holding income while planning future development.
Property Features
Property Type: Land - Commercial
Lot Size: 0.81 Acres
Taxes: $80,911
Year Built: 1947
Feature Descriptions
Exclusions: Business operations, trade name, accounts receivable, cash, bank accounts, tenant personal property, inventory, supplies, food and beverage inventory (if any), office equipment not owned by Seller, and all personal property not specifically conveyed at Cl
Parcel#: 032572612
Sewer: Public Sewer
Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: LEEnKang Realty Inc.
Agency Contact: leenkang22@gmail.com
Shown By
Agent Name: Jennie Lee
Agent Phone: (303) 870-0411
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 52,134.00 per month $42,853.92 Principal & Interest $6,742.58 Property Tax $2,537.50 Homeowner's InsuranceChange Payment Information
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11220 E Colfax Avenue | MLS# 3631718
This land located at 11220 E Colfax Avenue, Aurora, CO 80010 is currently listed for sale with an asking price of $8,700,000. The property has approximately 0.81 Acres. Search Aurora real estate on jennie.thecuttingedgerealtors.com today.