8507 Reed st 0.59 Acres of Commercial Land Offered at $820,517 CAD in Littleton, CO 80128

Positioned in the sought-after Littleton area and zoned R-3, this property presents a prime opportunity for multifamily development. Boasting a favorable location, this parcel provides an ideal canvas for investors seeking to capitalize on the growing demand for residential real estate in this thriving market. With its R-3 zoning designation, the property offers the potential to create a well-designed multifamily development that meets the needs of the local community. Take advantage of this exceptional opportunity to invest in a strategically located property with R-3 zoning, perfectly suited for multifamily residential development in the desirable Littleton area. This property in Littleton, CO, consists of two lots—8507 S. Reed St. and 8508 S. Saulsberry St.—totaling 0.59 acres of residential-developable land. Reed Street is zoned R-3, while Saulsberry is R-1, offering strong potential for redevelopment. With the possibility of rezoning the Saulsberry lot to R-3, the property could support additional units, or it could serve as a garden or outdoor space. Perched with sweeping views of Chatfield Reservoir and the Front Range, the lots provide a scenic backdrop to any development. Located in vibrant Southwest Denver, the property is close to Chatfield State Park and Littleton’s historic downtown, with shops and restaurants nearby. Convenient access to major roadways ensures easy connectivity to the greater Denver metro. This is an excellent opportunity for developers or investors looking to take advantage of a growing residential market with a standout location.