3221 E Colfax Ave

1,450 SF Retail Condo Unit Offered at $550,000 in Denver, CO 80206

INVESTMENT HIGHLIGHTS

  • End-Cap Location
  • Heavily trafficked area of E Colfax

PROPERTY FACTS

Price $550,000
Unit Size 1,450 SF
No. Units 1
Total Building Size 1,450 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment NNN
Building Class C
Floors 1
Typical Floor Size 1,450 SF
Year Built 1923
Tenancy Single
Lot Size 0.05 AC

1 UNIT AVAILABLE

Unit 1

Unit Size 1,450 SF
Price $550,000
Price Per SF $379.31
Condo Use Retail
Sale Type Investment
Cap Rate 5.93%
NOI $32,615
DESCRIPTION

Commercial condo available on highly trafficked E Colfax.

SALE NOTES

New HVAC in 2021, an approximate value of $15,000. Upper mezzanine painted and upgraded in 2024.

Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (87)

AMENITIES

  • Bus Line

NEARBY MAJOR RETAILERS

Sprouts Farmers Market
Starbucks
Chase Bank
Noodles & Company
Snooze an A.M. Eatery
UMB Bank
Bank of America
Trader Joe's
Hopdoddy Burger Bar
Huntington National Bank

ZONING

Zoning Code U-MS-3

NNN TENANT INFORMATION

TENANT SF OCCUPIED LEASE END DATE
Cult of Mane - January 2029
  • Listing ID: 32821644

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 3221 E Colfax Ave, Denver, CO 80206