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606 W Colfax Ave

0.31 Acres of Commercial Land Offered at $2,200,000 in Denver, CO 80204

Investment Highlights

  • Potential owner financing
  • Directly across from Convention Center
  • Flexible site that can be utilized for a high density mixed-use development or repurposed as drive thru retail
  • Highly permissive D-GT Zoning
  • Surrounded by high-density developments, local and state government office buildings
  • Owner willing to consider Build-to-Suit for retail reposition/redevelopment

Executive Summary

Henry Group Real Estate has been exclusively retained to market 606 W Colfax Avenue, currently owned by MidWestOne Bank. The property is located on the edge of Downtown Denver in the booming Golden Triangle submarket. The site is located within easy walking distance to nearly 10,000 hotel rooms, 300 restaurants, a wide variety of retailers, government facilities and downtown offices.

Property Facts

Price $2,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.31 AC

1 Lot Available

Lot

Price $2,200,000
Price Per AC $7,106,563
Lot Size 0.31 AC

The land, (13,500 SF), is located on the edge of downtown Denver in the booming Golden Triangle submarket. Highly permissive D-GT zoning. Flexible site that can be used for Mixed Use development or repurposed as drive-thru retail.

Description

The Property is located on the edge of Downtown Denver in the booming Golden Triangle submarket. This area, just south of Denver’s CBD, is experiencing a wave of high density, mixed-use redevelopment. The site is located within easy walking distance to nearly 10,000 hotel rooms, 300 restaurants, a wide variety of retailers, government facilities and downtown offices. The Property zoning (D-GT) allows for a drive thru or up to a 66’ tall mixed-use structure which is limited only by the State Capitol view plane. The site benefits from very high daily traffic counts along West Colfax Avenue, offering a Buyer many options for redevelopment. The existing structure was last occupied by The Bank of Denver, and consists of 1,226 SF of office space with two (2) drive-thru banking bays.

Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (96)
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.®

zoning

Zoning Code D-GT
D-GT
  • Listing ID: 26992476

  • Date on Market: 10/28/2022

  • Last Updated:

  • Address: 606 W Colfax Ave, Denver, CO 80204

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