7785 Colfax AveLakewood, CO 80214

For Sale
$2,350,000

Prime Colfax location, high traffic counts.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A executive office building, situated on 0.74 acres at 7785 W Colfax Ave in Lakewood, Colorado (80214), presents a unique investment opportunity. The 4,740 square foot building, completely renovated in 2022, boasts a 100% occupancy rate with a single tenant. Originally constructed in 1954, the property currently functions as a thriving auto lot, showcasing high visibility and impressive traffic counts due to its location less than a block west of Wadsworth Blvd. The lot comfortably accommodates 130 vehicles, with current monthly sales averaging 50-60 cars. The building itself includes a spacious sales office featuring six private offices, ample storage space, and multiple bathrooms. A small bay is also available for mechanical work and detailing. A canopy provides weather protection for approximately 20 vehicles. The property includes convenient access to numerous restaurants, including Qdoba, Panda Express, Chipotle, and a Walmart Supercenter, located just east of Wadsworth Blvd. Prominent Colfax monument signage enhances visibility. The Jefferson County property is zoned MGU - Jeffco and has 2023 property taxes of $25,710.92 (payable in 2024). This turnkey operation offers significant potential for continued success and strong return on investment. The asking price is $2,350,000.

Highlights

  • $2,350,000 asking price for a Class A, 4,740 SF executive office building on a 0.74-acre lot.
  • Located at 7785 W Colfax Ave, Lakewood, CO 80214, with excellent visibility and high traffic counts.
  • 100% occupied, single-tenant property with 130 parking spaces.
  • Recently renovated in 2022, originally built in 1954, with MGU - Jeffco zoning.
  • Features a sales office with six private offices, ample storage, bathrooms, and a small bay for mechanical work. Includes a canopy covering approximately 20 parking spaces. Annual property taxes are $25,710.92 (2023 payable in 2024).

Property Details for 7785 Colfax Ave

Property type
Other retail properties, Other office properties
Square Feet
4,740 SF
Class
A
Year Built/Renovated
1954/2022
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.7405525
Longitude
-105.0834792
7785 Colfax Ave, Lakewood, Colorado

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7785 Colfax Ave
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