8800 E Colfax Ave 1,800 SF Retail Building Denver, CO 80220 $849,000 ($471.67/SF)
INVESTMENT HIGHLIGHTS
- Corner Location on Colfax, w/ Excellent Ingress/Egress
- Zoned E-MS-5, Denver
- Located in Opportunity Zone and Enterprise Zone
EXECUTIVE SUMMARY
The Kramer Group of Marcus & Millichap is please to present the exclusive listing of 8800 E. Colfax Avenue, Denver, CO 80220, a 1,785 SF retail building built in 1976 and situated on 0.4 Acres. The property is a great owner/user opportunity or a great development site located at the intersection of Colfax and Yosemite, between the Central Park and Lowry neighborhoods and near the Fitzsimmons Medical Campus and VA Hospital. The property is zoned E-MS-5, which allows for a multitude of development opportunities on one of the major Denver corridors. The property is also located in both an Opportunity Zone Enterprise Zone, giving business owners, investors and developers a lot of incentives.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built
1976
Price
$849,000
Price Per SF
$471.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
E-MS-5 - E-MS-5
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Fenced Lot
- Pylon Sign
- Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6041-01-001 | Improvements Assessment | $4,190 |
| Land Assessment | $138,110 | Total Assessment | $142,300 |
