11598 W Colfax Ave Lakewood, CO 80215

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.