Property profile

4609 E Colfax Ave Denver, CO 80220

FOR SALE
Storefront properties
Property ID
US13-1120315
3,803 SF
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Property summary

AI-generated overview

Property offered for sale or lease. This is a rare opportunity to own your real estate! Seller Carry Financing Available! Hoff & Leigh is proud to present this well-appointed 3,803 SF retail space for sale or lease. This newly remodeled commercial property anchors the esteemed Park Hill neighborhood and is located on busy East Colfax Avenue in Denver, Colorado, just blocks from the high-traffic intersection of East Colfax Avenue and Colorado Boulevard. The site, formerly home to a landmark restaurant, presents an amazing opportunity for new operators looking to capitalize on the next era of this thriving submarket. The property offers off-street parking in the back and has recently undergone significant upgrades, including: a newly paved back lot (approximately 1,570 SF), a brand-new storefront, a roll-up door, brand new electrical panels, brand new HVAC system (equipped with enough power to cool a fully occupied restaurant), a brand new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms, ensuring it’s ready for a new user to make it their own. Reduced Lease Rate: $19.00 SF/YR ($6,021.42/Month) + [ $1,324.71/Month for NNN’s ($4.18 SF) ] = $7,346.13/Month Listing Page: https://www.hoffleigh.com/listing/4609-e-colfax-avenue/

Property profile

Verified
Property type Storefront properties
Total area 3,803 SF
UPID US13-1120315

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
  • Hardware & Home Improvement General Contractor

Location

4609 E Colfax Ave Denver, CO 80220
Denver metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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