Investment Opportunity: 502 Front Street in Castle Rock, CO, is a prominent commercial property that offers excellent opportunities for both single family and multifamily residential development. Situated in the heart of Castle Rock, the property benefits from proximity to various amenities, including restaurants, shops, and recreational facilities, creating a vibrant community atmosphere. The property is primed for multifamily development with fully designed plans for two – triplex buildings. Location Overview: The property benefits from its placement on Front Street, a well-trafficked roadway that provides excellent visibility and access to both local residents and visitors. The surrounding neighborhood features a charming mix of historic buildings and modern developments, contributing to a welcoming community atmosphere. With its proximity to major roadways and easy access to Interstate 25, residents and customers can conveniently travel to other parts of the Denver metropolitan area. Design Highlights: - (2) Triplex Buildings - 2-Story units - (6) Total Units at ~1,117sf each - 2 Bedroom / 2 Bathroom - Parking spaces - 2.33/unit Zoning Description: The main use permitted in the R-3 District is for moderate-scale residential dwellings, including single-family, two-family, and multifamily units. Permitted uses by right in the R-3 District include any uses allowed in the R-1 and R-2 Districts (subject to specific requirements), multifamily dwellings, boarding and rooming houses, and bed and breakfast establishments.