6736 E Colfax Ave - Storefront Retail/Residential FOR SALE


Denver, CO 80220- Montclair
$2,400,000 USD
720-364-2073
6736 E Colfax Ave, Denver, CO for Sale
$2,400,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

6736 E Colfax Ave
Denver, CO 80220
Montclair


HIGHLIGHTS

  • BRT Zone
  • Development opportunity
  • In-place income

OVERVIEW

This property is located within an Opportunity Zone and falls under Denver's new Bus Rapid Transit (BRT) zoning, which permits reduced parking requirements for multifamily development. It represents a strong covered land play opportunity. 6736 E Colfax Ave, Denver, CO 80220 This unique property features two fully leased retail units fronting East Colfax Avenue, offering immediate income. Behind the retail structures, a substantial 16,000-square-foot lot extends southward, providing excellent potential for development or additional leasing opportunities. With the current retail spaces generating consistent revenue and the substantial lot available for further expansion or redevelopment, this property represents an attractive covered-land investment opportunity. Investors and developers alike will appreciate the strategic location, strong existing tenancy, and the versatility offered by the additional land area. Highlights: Two fully leased retail units providing stable cash flow 16,000 SF developable lot to the south Prime location along busy East Colfax corridor Flexible options for future development or leasing Ideal covered-land play for long-term investment or immediate expansion

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$498 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,700 SF

ZONING

E-MS

APN/PARCEL ID

6051-06-019

ASK ABOUT THIS PROPERTY

Jason RuscioAvant GroupMore Info
720-364-2073

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Jason RuscioAvant GroupMore Info
720-364-2073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.