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Off Market
1/1

1245 E Colfax Ave
Denver, CO 80218


HIGHLIGHTS

  • The building is 82% occupied with a 6.36% cap rate.
  • The property resides in a central area, making it an excellent location for access to all parts of the city.
  • Current zoning would allow owner to build up to five stories.
  • Located across the street from an Anytime Fitness and close to other businesses such as Denver Fresh Mex, Voodoo Doughnut, and Walgreens.

OVERVIEW

Unique Properties, Inc is pleased to present to qualified investors, the opportunity to purchase the Upper Colfax Business Center, located at 1245 E. Colfax in Denver, Colorado. The Upper Colfax Business Center is a 48,000 square foot mixed use building on one of the busiest streets in all of Denver. The property has approximately 39,467 rentable square feet which approximately 75% of the rentable square feet is office space. The Upper Colfax Business Center has an abundant amount of onsite parking. The property has 110 parking spaces which is 2.78 spaces per 1,000 rentable square feet. This is a great opportunity to purchase and add value to a building on one of the most prominent streets in central Denver.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Upper Colfax Business Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

48563

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

0.86 AC AC

LAND SF

37,462 SF

ZONING

-

APN/PARCEL ID

2354-28-018