8500 Colfax AveLakewood, CO 80215

For Sale
$1,890,000

9,000 SF Vacant Restaurant/Storefront

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 9,000 square foot restaurant and storefront property, located at 8500 W Colfax Ave in Lakewood, Colorado, presents a prime investment opportunity. Priced at $1,890,000 ($210/sq ft), this vacant building sits on a substantial 19,602 square foot lot and offers a 10-year lease term (NNN). Built in 1956 and renovated in 1999, the property boasts 13-foot ceilings, a fully sprinklered system, and ample parking (65-80 spaces, a 3:1,000 ratio). The building's zoning (M-G-S) allows for diverse uses, including event centers, medical facilities, and traditional retail. Its strategic location on the West Colfax corridor, between Golden and Downtown Denver, provides easy access to major thoroughfares like 6th Avenue and I-70, benefiting from the high traffic and visibility of this established commercial area. The property is currently in a "warm grey shell" condition, offering a buyer the flexibility to customize the space to their specific needs. Annual property taxes are $20,129.32, and annual property insurance is $2,890.00. The building features on-site signage and offers a frontage of 80 to 100 feet. This is an ideal opportunity for an owner-user investor seeking a versatile, well-located property with significant potential.

Highlights

  • $1,890,000 asking price for this 9,000 square foot retail property.
  • Located at 8500 W Colfax Ave, Lakewood, CO 80215.
  • NNN lease, vacant, with a potential 10-year lease term.
  • 9,000 square feet, $210 per square foot.
  • Built in 1956, renovated in 1999, with one building on a 19,602 square foot lot.
  • M-G-S zoning, offering flexibility for various uses.

Property Details for 8500 Colfax Ave

Property type
Other retail properties, Individual retail properties
Square Feet
9,000 SF
Year Built/Renovated
1956/1999
Buildings
1
Lot Size (sq. ft)
853,863,120 SF

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.7398698
Longitude
-105.0921393
8500 Colfax Ave, Lakewood, Colorado

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8500 Colfax Ave
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