Key opportunity to utilize this freestanding retail or scrape and build. Ideal location off of South Santa Fe Drive (65,000 VPD) on a rare signalized intersection at Union Blvd. Comps nearby reflect high value for this area. No limit on building height allowance for any structure allowed under I-1 zoning including:
Office, Car Dealership Tower, Self Storage Tower, or Parking Tower. Other allowed uses include C-Store, Grocery, Gas Station, Cannabis, Live/work, Hookah Lounge, Physical Fitness, Check Cashing, Bank, Brew Pub, Medical Clinic, Hospital, Dry Cleaner, Tattoo Shop, General Retail, Adult Use, Parking Facility, Auto Sales and more.
Due to new spacing regulations, this is the only small portion of Englewood remaining for a Cannabis Use. Once another Cannabis use nearby is utilized, this property will no longer be available for Cannabis.
The City of Englewood has indicated that a rezone to Residential will be favorably considered. A parcel nearby sold for a higher $/AC and was scraped to create a now lucrative high-rise.
Adjacent parcels can also be acquired for assemblage---making a perfect gas station spot. Total acreage of this parcel is .99AC including a .24 AC easement on east side. All information provided to be verified by purchaser.