1331 E Colfax Ave 8,800 SF 100% Leased Retail Building Denver, CO 80218 $3,321,912 CAD ($377.49 CAD/SF)
INVESTMENT HIGHLIGHTS
- Highly visible retail space with signage facing E Colfax Avenue
- Private restrooms in each suite
- Surrounded by strong demographic neighborhoods including City Park West, Uptown, Cheesman Park and Capitol Hill
- Ample on-site parking
- Newly renovated with updated façade, new glass storefront, new parking lot, and updated landscaping
- Potential to monetize basement space w/ additional capital investment
EXECUTIVE SUMMARY
Henry Group Real Estate has been exclusively retained to market the property at 1331 East Colfax Avenue for sale. This freestanding, multi-tenanted retail building has been recently renovated with updated facades, new glass storefronts, recently paved parking lot, and new landscaping. With ample onsite parking and strong traffic counts along E Colfax Avenue, this is a prominent location for a buyer seeking an established retail strip center with a diverse tenant mix.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,800 SF
Building Class
B
Year Built
1983
Price
$3,321,912 CAD
Price Per SF
$377.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
0.70
Lot Size
0.29 AC
Zoning
C-MS-5
Parking
24 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2354-29-009 | Improvements Assessment | $403 CAD |
| Land Assessment | $740,724 CAD | Total Assessment | $741,127 CAD |
