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116 E Elkhorn Ave - Three premium lots in Downtown Estes Park

0.24 Acres of Commercial Land Offered at £2,503,840 in Estes Park, CO 80517

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Investment Highlights

Positioned on the 100 block of Elkhorn, the gateway to Rocky Mountain National Park.
Three lots combine for 0.24 acres, ample for diverse development opportunities.
Near downtown Estes Park, offering cultural richness and stunning scenery.

Over 5 million potential customers annually enhance business visibility.
Ideal for developments that complement Estes Park's vibrant culture.

Executive Summary

(3) vacant lots in the heart of downtown Estes Park make this parcel a once in a lifetime opportunity for a visionary. Offering over 75' of prime store frontage on "main street;" East Elkhorn Avenue welcoming over 5 million visitors and another 75' being enhanced with a bike/pedestrian path along the River by Estes (per the 2018 Downtown Business Development Plan), ample public parking lots and regional transportation on adjacent lots make this "Gateway to Rocky Mountain National Park" offers unparallel development opportunities. The parcel being offered was once home to The Park Theatre Mall prior to the fire of 2009 which destroyed half of the building. The Mall used to span Fall River where (2) vacant parcels now reside. This coveted property has gotten national publicity since 2009 and is the most documented property in the history of Estes according to one Town official. Timing for this investment opportunity couldn't be more perfect as the most recent Check out the drone footage of downtown Estes Park at https://tours.virtuance.com/2089213?a=1.

2018 Estes Park Development Plan

116 E Elkhorn Ave - TDS Fiinal RECORDED Easement

116 E Elkhorn Ave - ILC

Property Facts

Price	£2,503,840	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Hospitality Apartment Units Community Centre Daycare Centre General Freestanding Hold For Development Hold For Investment Open Space Storefront, Retail or Office Unknown
Sale Conditions	Design & Build	Total Lot Size	0.24 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£2,503,840
Sale Type	Investment or Owner User
Sale Conditions	Design & Build
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Hospitality Apartment Units Community Centre Daycare Centre General Freestanding Hold For Development Hold For Investment Open Space Storefront, Retail or Office Unknown
Total Lot Size	0.24 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 16, 17, 18

Price	£2,503,840	Lot Size	0.24 AC
Price Per AC	£10,432,667

Price	£2,503,840
Price Per AC	£10,432,667
Lot Size	0.24 AC

.24 acre opportunity on The Riverwalk! The gateway to Rocky Mountain National Park welcomes over 5 million visitors/year so w/ 75' of frontage on main street this Qualified Opportunity Zone with existing infrastructure is rare!

Description

And now, you have a chance to own a piece of the action. These three premium commercial lots, totaling 0.24 acres, occupy an unbeatable location on the 100 block of Elkhorn. Positioned at the high-traffic eastern gateway to Rocky Mountain National Park, over 5 million potential customers pass by each year. Invest in Estes Park’s future with a development that complements the surroundings while catering to visitors and residents alike. With downtown’s vibrant culture and stunning natural setting, the possibilities are endless. The Seller is open to an offer with creative financing / investing options.

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