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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Bus Line

Nearby Major Retailers

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

zoning

Zoning Code U-MS-3
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

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