The Dive Bar | 11810 W Colfax Ave
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The Dive Bar 11810 W Colfax Ave
2,048 SF Retail Building Lakewood, CO 80215 $750,000 ($366.21/SF)
EXECUTIVE SUMMARY
Free-standing restaurant building with ample parking. The main level serves as the bar/restaurant, with seating with a pool table, and an enclosed covered outdoor patio seating. The lower level has walk-in coolers, an office, storage, and restrooms. Loyal clientele, long-time established. No vacancy in over 50 years!
High-traffic West Colfax stable neighborhood, lots of retail and office support.
EXPENSES:
Taxes 2023- $9068
Insurance- $3790
Restaurant infrastructure with coolers. freezers, a hood system, pizza oven, and additional equipment available at buyers' request.
Furnace- New as of 2 years ago
Evaporative Cooler is in good working order for A/C but has not been replaced during their ownership and they do not know the exact age of the unit. They bought the property in September of 2015
The roof has not been replaced during their ownership.
Building exterior was painted in the last 5 years
Parking lot asphalt work was also completed in the last 5 years.
High-traffic West Colfax stable neighborhood, lots of retail and office support.
EXPENSES:
Taxes 2023- $9068
Insurance- $3790
Restaurant infrastructure with coolers. freezers, a hood system, pizza oven, and additional equipment available at buyers' request.
Furnace- New as of 2 years ago
Evaporative Cooler is in good working order for A/C but has not been replaced during their ownership and they do not know the exact age of the unit. They bought the property in September of 2015
The roof has not been replaced during their ownership.
Building exterior was painted in the last 5 years
Parking lot asphalt work was also completed in the last 5 years.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$9,068
|
$4.43
|
| Operating Expenses |
$3,790
|
$1.85
|
| Total Expenses |
$12,858
|
$6.28
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $9,068 |
| Annual Per SF | $4.43 |
| Operating Expenses | |
|---|---|
| Annual | $3,790 |
| Annual Per SF | $1.85 |
| Total Expenses | |
|---|---|
| Annual | $12,858 |
| Annual Per SF | $6.28 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,048 SF
Building Class
C
Year Built/Renovated
1954/2019
Price
$750,000
Price Per SF
$366.21
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.28 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100’ on West Colfax Ave
AMENITIES
- 24 Hour Access
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Balcony
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Swig Tavern
- Accommodation and Food Services
- 2,048 SF
- -
- Triple Net
- Mar 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Swig Tavern | Accommodation and Food Services | 2,048 SF | - | Triple Net | Mar 2025 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Operating as a bar for the past 40+ years, lease includes all equipment.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,048 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 2,048 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 2,048 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Operating as a bar for the past 40+ years, lease includes all equipment.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $100,746 | |
| Land Assessment | $63,701 | Annual Taxes | $9,068 ($4.43/SF) |
| Improvements Assessment | $37,045 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$63,701
Improvements Assessment
$37,045
Total Assessment
$100,746
Annual Taxes
$9,068 ($4.43/SF)
Tax Year
2024 Payable 2024
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The Dive Bar | 11810 W Colfax Ave
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