1301 Pearl St Denver, CO 80210

This vacant, 8,468-square-foot retail building in Denver, CO, presents a unique value-add investment opportunity. Situated on a 12,450-square-foot lot at the southwest corner of South Pearl Street and East Louisiana Avenue, this two-story, 1911-built property offers significant potential. The U-MS-3 zoning allows for diverse uses, including redevelopment. Its prime location near the University of Denver and the Louisiana & Pearl RTD Light Rail Station ensures high foot traffic. A rare feature in this area is the inclusion of 21 off-street parking spaces. The affluent Platt Park neighborhood boasts over 18,000 residents within a one-mile radius and over 199,000 within three miles, with average household incomes exceeding $179,000 within one mile. The median home value within a 1.5-mile radius is approximately $850,000. This urban infill site presents significant barriers to entry, making it an exceptional investment. The property is fee simple ownership.