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Cara Hoherd
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Property Type: Vacant Land
Sub Type: Unimproved Land
Listing Status: Active
Purchase Type: For Sale
Lot Size: 10,454 Sqft
MLS Listing ID: 3848613
Subdivision: Olde Town
HOA Y/N: false
Property Description
Fantastic development and investment opportunity in Olde Town Arvada! Zoned RN-D, the lot will support a duplex or a single family with potential for an ADU. Buyer to verify potential uses with City of Arvada Zoning Dept. This level lot is situated just a 5 block walk from the corner of Grandview and Old Wadsworth. One more block to the G-line commuter rail station. 3 RTD bus routes are close by. Dozens of restaurants, bars and shops in easy walking distance. Great access to I-70, Downtown Denver, Golden and the mountains. There is a nearly new duplex property right next door, so demand is there. Great view potential! Check out the pictures on-line. Some shots suggest potential views from the 2nd or 3rd floor of a new build based on the approximate elevation of the drone. Buyer to do their own investigation regarding possible views. Note that a variance may be required to build 3 stories. Ridge road has very little motor vehicle traffic in this location but plenty of foot traffic from people walking to and from Olde Town shops and the rail station. The rail lines are across Ridge road and properties south of the tracks are at lower elevation so lots of potential for great views. The commuter trains are very quiet, and the nearby crossings are silent with no train whistles. A small number of freight trains pass by and low speeds and no whistles at the crossings. Overall, the setting is very quiet and peaceful. Some utilities are in Grandview Ave. Seller owns the adjacent property to the north at 8002 Grandview and will grant an easement for utilities (but not vehicular ingress/egress) to the buyer. Drive by and check it out!
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