1330-1366 Depew St

Located in the supply-constrained city of Lakewood, the property offers a prime opportunity for townhome or multifamily development within a vibrant and diverse community. Residents will appreciate the convenience of being just minutes away from Belmar, a trendy shopping and dining destination. Nearby Sloan's Lake Park and Green Mountain provide scenic outdoor spaces, while easy access to downtown Denver offers the best of both city and suburban living. With top-rated schools and a myriad of recreational opportunities, the location presents an ideal setting for a balanced and fulfilling lifestyle.Positioned in the supply-constrained city of Lakewood, this property presents an enticing opportunity for single or multifamily developers. Comprising two parcels with a combined size of 0.44 acres, the property is zoned R-MF and can accommodate a large building footprint. Located close to the light rail, these lots are poised to benefit from Lakewood's pending unit density increase and conformity to Colorado Transit-Oriented Community development tax breaks. The existing homes provide in-place cash flow to offset holding costs. This offering presents an excellent opportunity to benefit from future development incentives in a prime location for renters.