Owner/User or redevelopment opportunity in Denver’s historic Platt Park neighborhood
Blue West Capital is pleased to exclusively offer for sale the southwest corner of South Pearl Street and East Louisiana Avenue in Denver, CO. This offering includes an 8,468-square-foot building sitting on 12,450 square feet of land.
This investment offers the prospective buyer the option to utilize the existing building or leverage the advantageous U-MS-3 zoning for property redevelopment. Positioned as an urban-infill site, it boasts significant barriers to entry. Its strategic location near the University of Denver and the Louisiana & Pearl RTD Light Rail Station ensures steady foot traffic along South Pearl Street. Additionally, the property offers a rare amenity in this corridor: 21 off-street parking spaces, an asset for retail operations.
Platt Park, the surrounding neighborhood, is densely populated and situated just 3 miles south of downtown Denver. With over 18,000 residents within a one-mile radius and more than 199,000 within three miles, it presents a thriving market. Moreover, the area boasts affluence, with an average annual household income exceeding $179,000 within one mile.
