1331 E Colfax Ave
8,800 SF 100% Leased Retail Building Denver, CO 80218 $2,400,000 ($273/SF)
![1331 E Colfax Ave, Denver, CO for sale - Building Photo - Image 1 of 9](https://images1.loopnet.com/i2/Q8-Ph7ORskrAjpXtx6rVvUl8BFxu5IljQBWKVmVH05E/110/1331-E-Colfax-Ave-Denver-CO-Building-Photo-1-Large.jpg)
![1331 E Colfax Ave, Denver, CO for sale - Building Photo - Image 2 of 9](https://images1.loopnet.com/i2/1byB3R4nTXOFfaKa7kreU_uB3s4P-MSIcGHNSMTKReY/110/1331-E-Colfax-Ave-Denver-CO-Building-Photo-2-Large.jpg)
![1331 E Colfax Ave, Denver, CO for sale - Building Photo - Image 3 of 9](https://images1.loopnet.com/i2/lm8fhiBJI_9VQ1e9aVtwFkwy2NIoGP3d3mloqRYtPKk/110/1331-E-Colfax-Ave-Denver-CO-Building-Photo-3-Large.jpg)
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
![Commerce Bank of Missouri Commerce Bank of Missouri](https://images1.loopnet.com/i2/QcViknQrd6vMMMZdgGPDdj50Q4lWM5ybN6qdJBL1pRw/105/image.png)
![Anytime Fitness Anytime Fitness](https://images1.loopnet.com/i2/t3RNkWYXc5vmPmd1J90Q5tui2LR1yrLWIdo-4j_02AE/105/image.jpg)
![Umb Bank Umb Bank](https://images1.loopnet.com/i2/hoLqyPIVzwX7LkIW3KoRVYRD0zU8KXG_nArpohJSJ0A/105/image.jpg)
![Natural Grocers Natural Grocers](https://images1.loopnet.com/i2/fvvIJ0P7J-LGY-QxSvjDWet7g0QrQTJPEaoKbdRfLuk/105/image.png)
![CrossFit CrossFit](https://images1.loopnet.com/i2/aSsB08i-779PUNp3JZr3bRm5vgsXyAUxyxLsqXk9LQs/105/image.jpg)
![Dazbog Coffee Dazbog Coffee](https://images1.loopnet.com/i2/gMpdbsR29TJKDP_PzqKoGSt-Xc4Hz71ctyihge8Tlo4/105/image.jpg)
![Vectra Bank Vectra Bank](https://images1.loopnet.com/i2/kKaLKZ6QyRNYYQgmAId5CyqKbNenIy6H4xtxamz-6FU/105/image.png)
![Chase Bank Chase Bank](https://images1.loopnet.com/i2/bw7biemERZsLn6pwfbqBPxA99wBdOhsB0H3fRLW4AE8/105/image.png)
![Noodles & Company Noodles & Company](https://images1.loopnet.com/i2/CH6nI5OT84dyVEz9mlLrIER-9IBG6vNnLqZL1TraXYs/105/image.png)
![Orangetheory Fitness Orangetheory Fitness](https://images1.loopnet.com/i2/naJx9KdE3g4Fn2fsYhHa6YTpce1mCJ4Jvp2VfZKSXAE/105/image.png)
PROPERTY TAXES
Parcel Number | 2354-29-009 | Improvements Assessment | $280 |
Land Assessment | $514,760 | Total Assessment | $515,040 |