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7785 W Colfax Ave

4,740 SF Retail Building Lakewood, CO 80214 $2,350,000 ($496/SF)

Investment Highlights

  • Exceptional Visibility with Frontage on W. Colfax
  • Remodeled in 2022
  • Ample Parking
  • High Traffic Counts
  • Operating as an Auto Sale Business
  • Zoning Allows for Numerous Uses (Lakewood M-G-U)

Executive Summary

Located less than one block west of Wadsworth Blvd. on W. Colfax Avenue, this auto lot offers exceptional visibility with high traffic counts. The car lot has space for 130 cars, with current sales around 50/60 cars per month. Includes a sales office with six private offices, plenty of storage and bathrooms. The building was remodeled in 2022. There is also a small bay for mechanical and detail work. A canopy allows for approx. 20 cars to be protected from the elements. Walking distance to numerous restaurant amenities such as Qdoba, Panda Express, Chipotle, and a Walmart Supercenter just on the east side of Wadsworth Blvd. Colfax monument signage.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,740 SF
Building Class
C
Year Built/Renovated
1954/2022
Price
$2,350,000
Price Per SF
$496
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.74 AC
Zoning
MGU - Mixed-use and community commercial development
Parking
35 Spaces (6.63 Spaces per 1,000 SF Leased)
Frontage
181 FT on Colfax Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (80)
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.®

Nearby Major Retailers

U.S. Bank
Starbucks
Natural Grocers
Safeway
Dutch Bros. Coffee
KeyBank
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-353-18-021
Land Assessment
$209,952
Improvements Assessment
$60,163
Total Assessment
$270,115
  • Listing ID: 32999097

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 7785 W Colfax Ave, Lakewood, CO 80214

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