5490 Parmalee Gulch Rd, Indian Hills, CO, 80454

5490 Parmalee Gulch Rd Indian Hills, CO 80454

Indian Hills
FOR SALE
Property Type:
Street Retail
Amount:
$1,079,000
Last Verified:
Jun 26, 2024

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Description

Introducing an exceptional retail investment opportunity in the heart of Denver! This charming 2,918 SF building, built in 1928, presents a prime one-unit retail space ideally suited for a street retail investor. Zoned C1, this property offers a versatile canvas for a variety of retail concepts, complemented by its historic allure and distinctive character. With its prime location in the Denver area, this property represents a compelling opportunity for retail investors seeking a standout addition to their portfolio. Don't miss the chance to make your mark in this dynamic market with this enticing retail property.

Nestled in the foothills of the Rocky Mountains, the area offers a serene setting with easy access to outdoor recreational activities such as hiking, biking, and wildlife watching. Nearby attractions, including Mount Falcon Park and Pence Park, provide plenty of opportunities for relaxation and exploration. With its proximity to Denver and major transportation routes, this location offers an ideal blend of tranquility and connectivity for office building investors seeking a thriving yet peaceful environment.


Year Built: 1928
Building Size: 2918sq ft
Lot Size: 1.2 acres


Documents

Sale Brochure

Map of 5490 Parmalee Gulch Rd, Indian Hills, CO, 80454

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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.