For Sale
$1,100,000

502 Front StCastle Rock, CO 80104

Approved 6-unit multifamily project, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 0.273-acre commercial land parcel, located at 502 Front St in Castle Rock, Colorado (zip code 80104, APN 2505-111-08-002), presents a unique opportunity for investors. Situated in the desirable Craig and Gould historic district, this property boasts a fully approved plan for a two-triplex development, allowing for the construction of six multifamily units. The permitted zoning is R3 Multifamily, ensuring compliance and streamlining the development process. The asking price for this turnkey project is $1,100,000. This infill lot offers immediate access to the established amenities and vibrant community of Castle Rock. The approved development plan eliminates significant pre-construction hurdles, reducing risk and accelerating the timeline to revenue generation. This is an ideal investment for developers seeking a proven project in a thriving Colorado market. The property's location within the historic district offers potential for enhanced appeal and value. All necessary approvals have been obtained from the City of Castle Rock, making this a truly shovel-ready opportunity. Don't miss this chance to capitalize on the strong demand for multifamily housing in this sought-after area.

Highlights

  • Approved 2-triplex development plan in Castle Rock.

Property Details for 502 Front St

Property type
Land
Lot Size (sq. ft)
11,892 SF

Location Insight

City
Castle Rock
County
Douglas
State
Colorado
Latitude
39.37500094
Longitude
-104.85734184
502 Front St, Castle Rock, Colorado

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502 Front St
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