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$ 8,700,000
Est. payment /mo
New
11220 E Colfax AVE Aurora, CO 80010
0.81 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3631718
HOA Y/N No
Year Built 1947
Annual Tax Amount $80,911
Tax Year 2025
Lot Size 0.810 Acres
Acres 0.81
Property Sub-Type Commercial Land
Source recolorado
Property Description
Rare 0.81-acre full-block commercial redevelopment opportunity in one of Aurora's 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 Colorado's most dynamic growth markets. Existing improvements offer potential holding income while planning future development.
Location
State CO
County Arapahoe
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by LEEnKang Realty Inc.
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