3930 W 38th Avenue, Denver, CO 80212

Property Description

3930 W. 38th Avenue presents a rare land and development opportunity at the highly visible, signalized intersection of West 38th Avenue and Perry Street in Denver’s sought-after West Highland/Berkeley area. The 11,761-square-foot site is zoned U-MS-3 and offers approximately 17,430 buildable square feet, providing flexibility for a range of residential and commercial development strategies. An existing architectural plan set for a previously contemplated 29-unit multifamily project with ground-floor retail/office is available to a buyer, representing meaningful pre-development work and potentially reducing the time and cost required to pursue a similar concept. Alternatively, the site’s Urban Main Street zoning supports the potential for retail, restaurant, office, residential, or mixed-use development, subject to City approval. Positioned between Tennyson Street and Highlands Square, the property benefits from immediate access to two of northwest Denver’s most established neighborhood retail districts, surrounded by the mature, highly desirable West Highland and Berkeley residential neighborhoods. The hard-corner location provides excellent visibility and accessibility along West 38th Avenue, a designated Main Street Arterial and priority multimodal corridor targeted for future pedestrian, streetscape, green infrastructure, and transit improvements. RTD Route 38 currently serves the corridor, while Downtown Denver, LoDo, and the CBD are approximately 1–2 miles away. Together, the site’s flexible zoning, existing development plans, strong neighborhood fundamentals, walkability, and prominent corner positioning create a compelling opportunity for developers seeking both near-term optionality and long-term value in a supply-constrained Denver infill location.