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Investment Highlights
- Rare Downtown Parker Location with Great Access & Visibility
- Affluent, Fast-Growing Trade Area with Parker’s Population Surpassing 66,700+ Residents
- Close to Numerous Restaurants & Retail Shops
- Excellent Location for Retail, Restaurant, or Office Use
- Close Proximity to Sulphur Gulch Trail and within Walking Distance to Historic Downtown Parker
- Short Term Tenant Occupies 335 SF
Executive Summary
Located in Downtown Parker, 11024 & 11028 Pikes Peak Drive presents an opportunity for an investor, developer, or owner-user to acquire a highly visible commercial property in one of the Denver metro area's most active suburban communities. The property consists of two parcels totaling approximately 0.32 acres with frontage along Pikes Peak Drive and direct access to the amenities, restaurants, retailers, and pedestrian activity associated with Historic Downtown Parker.
The site benefits from a strategic position near the Town's ongoing My Mainstreet redevelopment initiative, a significant public-private investment designed to enhance connectivity, public spaces, and economic activity throughout the downtown district. Its location near Sulphur Gulch Trail further contributes to accessibility and exposure while supporting a vibrant mixed-use environment that continues to attract residents, visitors, and businesses.
The existing improvements provide flexibility for a variety of commercial uses, including retail, restaurant, office, or a future redevelopment scenario subject to local approvals. A short-term tenant currently occupies a portion of the property, offering interim income while preserving future occupancy flexibility for a purchaser. The property's commercial zoning, established infrastructure, and downtown setting create multiple paths for value creation, whether through continued operation, repositioning, or long-term redevelopment.
With limited opportunities available within Downtown Parker's core commercial district, this offering combines location, visibility, and future potential in a market supported by continued residential growth, expanding consumer demand, and ongoing investment throughout the surrounding area.
The site benefits from a strategic position near the Town's ongoing My Mainstreet redevelopment initiative, a significant public-private investment designed to enhance connectivity, public spaces, and economic activity throughout the downtown district. Its location near Sulphur Gulch Trail further contributes to accessibility and exposure while supporting a vibrant mixed-use environment that continues to attract residents, visitors, and businesses.
The existing improvements provide flexibility for a variety of commercial uses, including retail, restaurant, office, or a future redevelopment scenario subject to local approvals. A short-term tenant currently occupies a portion of the property, offering interim income while preserving future occupancy flexibility for a purchaser. The property's commercial zoning, established infrastructure, and downtown setting create multiple paths for value creation, whether through continued operation, repositioning, or long-term redevelopment.
With limited opportunities available within Downtown Parker's core commercial district, this offering combines location, visibility, and future potential in a market supported by continued residential growth, expanding consumer demand, and ongoing investment throughout the surrounding area.
Property Facts
| Price | $1,822,093 CAD | Number of Properties | 2 |
| Price / SF | $911.96 CAD / SF | Individually For Sale | 0 |
| Sale Type | Owner User | Total Building Size | 1,998 SF |
| Status | Active | Total Land Area | 0.32 AC |
| Price | $1,822,093 CAD |
| Price / SF | $911.96 CAD / SF |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,998 SF |
| Total Land Area | 0.32 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Lot 1
11024 Pikes Peak Dr, Parker, CO 80138 |
Land | 0.15 AC | - | - |
| 11028 S Pikes Peak Dr, Parker, CO 80138 | Office | 1,998 SF | 1946 | - |
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11024 & 11028 Pikes Peak Drive
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