Colfax Avenue Mixed-Use Redevelopment
For Sale
Contact for pricing
Pending
11598 W Colfax Ave, Lakewood, CO 80215
High-visibility mixed-use property with redevelopment potential in a high-traffic area.
Property Size2,000 SF
Days on Market152
Property Features for 11598 W Colfax Ave
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Office, Retail
Listing Agency:
Unique Properties, Inc
(303) 521-3648
Listed By:
Greg Knott · License #CO FA.001312096
Source:
Crexi
Added: Mar 27
Changed: Aug 14
Last Checked: Aug 25 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc
Investment Insights
Based on property information with market context.
Located at the intersection of W Colfax Ave and Simms St, this property at 11598 W Colfax Ave offers high visibility, monument signage, and ample parking. It is suitable for retail, office use, or future redevelopment. The building includes three ground-floor units totaling approximately 2,000 square feet. The second floor features eight individual offices or rooms, providing flexible workspace or rental configurations. An unfinished basement of approximately 2,000 square feet offers potential for future development or storage. The property generated over $15,000 in rental income in 2022 prior to being removed from the market, indicating income potential with opportunities to increase revenue through renovations and improved occupancy. Situated in a high-traffic area with over 50,000 vehicles passing daily, the property is zoned MGU, which allows for multifamily development. Positioned along Denver’s westward expansion corridor and within an opportunity zone, Lakewood is experiencing investment, new residential developments, and infrastructure enhancements. Additional adjoining parcels may be available for larger-scale development. The owner is open to a long-term ground lease for a qualified tenant.
Key Highlights
- High‑visibility location at the intersection of W Colfax Ave and Simms St with monument signage and abundant parking.
- Zoned MGU, allowing for multifamily development.
- Located in a high‑traffic area with over 50,000 vehicles passing daily.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
Explore this area
Business Placement
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility mixed-use property with redevelopment potential in a high-traffic area.
Where is this mixed-use property located?
The property is located at 11598 W Colfax Ave Lakewood, CO.
What are key features of this property?
This property features: High‑visibility location at the intersection of W Colfax Ave and Simms St with monument signage and abundant parking.; Zoned MGU, allowing for multifamily development.; Located in a high‑traffic area with over 50,000 vehicles passing daily.
