1661-1685 Peoria Street, Aurora, CO, 80010

1661-1685 Peoria Street Aurora, CO 80010

FOR SALE
Property Type:
Multifamily Land
Amount:
$2,500,000
Last Verified:
Dec 13, 2021


Description

Unique Properties is proud to present 1661 & 1685 Peoria St. to qualified developers and investors looking for a versatile parcel located along a main arterial thoroughfare offering easy access to I-225. This mixed Use redevelopment is adjacent to the Fitzsimmons Hospital and Innovation Community. With over 125 acres of land ready for development at Fitzsimons, 1661 & 1685 Peoria presents an opportunity to service the neighborhood in a rapidly growing area of Aurora. The zoning allows building heights up to 45 Ft with numerous multifamily developments along E. Colfax. The restaurant, Taco River runs on a Month to Month lease.

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Lot Size: 0.71 acres

Map of 1661-1685 Peoria Street, Aurora, CO, 80010

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.