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    56620 Colfax Ave Strasburg, CO 80136

    Sponsored
    For Sale
    $650,000

    Profitable Office Building, Excellent Location

    Property size:
    3,450 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3,450 square foot office building presents a rare investment opportunity in the thriving town of Strasburg, Colorado. Strategically located on Colfax Avenue, this property boasts a prime central location with excellent visibility and accessibility. The building has enjoyed consistent full occupancy for over a decade, currently housing a dentist and an orthodontist as excellent long-term tenants. One side of the building has undergone a complete renovation, and renovations are currently underway on the other side, ensuring modern and updated spaces for tenants. The fully renovated basement will include furniture, adding further value to the property. Durable exterior features include a steel roof and vinyl siding, minimizing maintenance needs. The 0.13-acre lot provides ample space for the building and potential future expansion. This property offers a significant opportunity for investors seeking a strong cap rate due to its consistent rental income and the potential for further lease agreements or owner-occupancy. Detailed financial information is available upon request. This is a turnkey operation with established tenants and a proven track record of success, making it an ideal investment for discerning buyers. Don't miss this chance to acquire a high-performing commercial property in a desirable Colorado location.

    Property Features for 56620 Colfax Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,450 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Strasburg Family Dental Dentist Douglas Kent Whetten Dentist Douglas Whetten Dentist Kohrs Orthodontics Orthodontist Dr. Keith J. ... Orthodontist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.3246
    Latitude
    39.73813

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Profitable Office Building, Excellent Location
    Where is this office property / space located?
    The property is located at 56620 Colfax Ave Strasburg, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    (303) 916-4155
    Request Owner's contact information
    56620 Colfax Ave Strasburg, CO 80136
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    Strasburg, CO 80136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    56620 Colfax Ave Strasburg, CO 80136
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