Technical
Financial
Distress signals
Property profile

1245 Colfax Ave Denver, CO 80218

OFF-MARKET
Office buildings
Property ID
US13-0360114
52,779 SF 0.86 ac lot Built 1966
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Denver property, located at 1245 E. Colfax Ave, offers prime ground floor retail and office space in two available suites. Situated in Denver County, Colorado, zip code 80218, this multi-tenant building presents a unique opportunity for businesses seeking versatile space. The suites range in size from 1,500 square feet to 4,048 square feet, catering to a variety of needs. The property is classified as both retail and office, with specific sub-types including medical office and creative office spaces, making it ideal for a diverse range of tenants. The building's location provides excellent visibility and accessibility. This is a fantastic opportunity to secure high-quality space at attractive rates, with aggressive incentives currently available. The property's address is 1245 E. Colfax Ave, Denver, CO 80218. Interested parties should inquire about the available incentives and lease terms. The property is conveniently located in Denver County, Colorado, offering easy access to major transportation routes and amenities. Don't miss this chance to establish your business in a thriving Denver location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction CONCRETE
Total area 52,779 SF
Lot 0.86 ac (37,425 SF)
Zoning code C-MS-5
APN 02354-28-018-000
UPID US13-0360114

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Restaurant
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Training Center Vocational School

Location

1245 Colfax Ave Denver, CO 80218-2238
Denver metro Census 3102 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.69M
Blend (final) Blend
$7.00M

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2024
Price N/A
2024
$7.0M
2024
Price N/A
2022
Price N/A
2022
$9.3M
2019
Price N/A

Zoning & alternative use

C-MS-5 · Denver, CO
Zoning description

C-MS-5 Main Street 5 C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Cherry Creek North 5 Cherry Creek North 7 Cherry Creek North 8 C…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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