Ames and Chase Street Development Site

The Ames Street and Chase Street Development Sites in Lakewood, CO, present a prime investment opportunity for commercial real estate developers seeking high-density residential projects. Conveniently located adjacent to the Sheridan Light Rail Station, these sites offer unparalleled access to public transit and local amenities. The Ames Street Site, spanning 0.6 acres, is zoned M-G-T with a 90-foot height limit, supporting approximately 20 townhomes or 140 multifamily units. The Chase Street Site, encompassing 0.93 acres, is zoned R-MF with a 45-foot height limit, including preliminary entitlement work for 26 townhomes. Both sites are within a Qualified Census Tract (QCT), potentially qualifying for federal tax incentives, and provide covered land opportunities with existing residential properties generating interim rental income. These development sites are available for purchase together or separately, offering flexible investment options to capitalize on Lakewood’s growing residential demand.