8800 Colfax AveDenver, CO 80220

For Sale
$895,000

Denver Commercial Property: High-Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
91
This vacant, 1,785 square foot retail building presents a compelling redevelopment opportunity. Situated on a 0.4-acre lot at the corner of Colfax Avenue and Yosemite in Denver, Colorado, 80220, this property offers excellent visibility and accessibility. Built in 1976, the building is zoned E-MS-5, allowing for diverse development options. The location benefits from high traffic counts on a major Denver corridor, proximity to Central Park and Lowry neighborhoods, and adjacency to Fitzsimmons Medical Campus and the VA Hospital. The property includes fenced parking/yard space and offers the possibility of a drive-thru. This is an exceptional investment opportunity, further enhanced by its location within both an Opportunity Zone and an Enterprise Zone, providing significant tax incentives for developers and investors. The asking price is $895,000, translating to $501.40 per square foot. This prime location and flexible zoning make this an ideal site for a variety of commercial uses, including QSR/fast food and storefront retail.

Highlights

  • Corner location on Colfax Avenue with excellent ingress/egress.
  • Located in Opportunity Zone and Enterprise Zone, offering significant tax incentives.
  • Zoned E-MS-5 in Denver.
  • Drive-thru potential.
  • 1,785 SF building on a 0.4-acre lot with fenced parking/yard.

Property Details for 8800 Colfax Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,785 SF
Year Built
1976
Buildings
1
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7398977
Longitude
-104.8856672
8800 Colfax Ave, Denver, Colorado

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8800 Colfax Ave
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