1331 E Colfax Ave
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1331 E Colfax Ave
8,800 SF 100% Leased Retail Building Denver, CO 80218 $2,400,000 ($273/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
$2,400,000
Price Per SF
$273
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 | $280 |
| Land Assessment | $514,760 | Total Assessment | $515,040 |
PROPERTY TAXES
Parcel Number
2354-29-009
Land Assessment
$514,760
Improvements Assessment
$280
Total Assessment
$515,040
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1331 E Colfax Ave
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