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    4747 W Colfax Ave Denver, CO 80204

    For Sale
    $4,995,000

    20,536 SF building suitable for food hall or event space.

    Property size:
    20,536 SF
    Lot size:
    0.93 Acres

    Property Features for 4747 W Colfax Ave

    General Information

    Size
    20,536 SF
    Lot size
    0.93 Acres

    Source: King Commercial Real Estate Agent Win King

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Denver Two-Story Building For Sale

    This two-story building, constructed in 1981, offers 20,536 square feet of space. The property features an open floor plan with bars and kitchens located on both the main and second floors, connected by a dumb waiter. Its assembly infrastructure is well-suited for a food hall or event venue. A uniquely designed interior wheelchair accessible ramp is present. The building sits on a 0.94-acre lot, equivalent to 40,870 square feet. The zoning is U-MS-5, which allows for mid-rise multifamily developments up to 5 stories, with incentive zoning for affordable housing, as well as commercial uses. The parking ratio is 3.6:1. The location benefits from a lighted intersection at Colfax and Wolff, with a traffic count of 37,418 at Colfax and Wolff. The surrounding area has a population of 27,260, with 11,995 households. The median age is 35.9, and the average household income is $101,766.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vfw Post 501 Veterans Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Angies Secret Garden Personal chef Service - Denver, Brothers BBQ Catering

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0483187
    Latitude
    39.7407013

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    FAQs

    What type of property is this?
    Restaurant - 20,536 SF building suitable for food hall or event space.
    Where is this restaurant located?
    The property is located at 4747 W Colfax Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: - High traffic count (37,418) at a lighted intersection offers excellent visibility and accessibility.; - U-MS-5 zoning allows for mid-rise multifamily developments and commercial uses, providing flexible development options.; - **Large 20,536 SF two-story building with open floor plan suitable for various uses.**
    (303) 877-5889
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    Denver, CO 80204
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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
    4747 W Colfax Ave Denver, CO 80204
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