Description

We are offering a 5,837 square foot infill lot at 5664 South Prince Street in Historic Downtown Littleton, Colorado, for $1,150,000. The site measures roughly 47 by 125 feet and is zoned DMS, Downtown Main Street, under Littleton's Unified Land Use Code.

DMS zoning supports a flexible range of uses, including multifamily, mixed-use and commercial development, which gives a buyer several ways to plan a project. The site sits steps from the Main Street retail and dining corridor and about 0.2 miles from the Littleton-Downtown light rail station, in one of the most walkable downtown areas in the Denver metro.

The site comes with a meaningful head start. More than $250,000 in improvements are already in place, including a 1.5-inch water service, a 4-inch fire water service, a 3,000-gallon grease trap and a street fire hydrant, and will-serve letters for gas and electric have been issued. Those items can reduce site work and shorten the timeline for a restaurant, mixed-use or multifamily building. The lot's size also suits a smaller, boutique project that can move through design and approvals faster than a large development.

Infill land in Downtown Littleton rarely comes to market, and demand for housing and dining in the area remains strong. We see this as an attractive opportunity for a developer or owner-user. Contact Quentin Shore or Andy Monette of Pinnacle Real Estate Advisors for zoning details and to walk the site.