Retail/Office Space on Colfax
For Sale
Contact for pricing
4500 W Colfax Ave, Denver, CO
3,400 SF retail/office space in Denver's West Colfax corridor.
Property Size3,400 SF
Lot Size0.18 Acres
Price / SF$264.71
Days on Market498
Property Features for 4500 W Colfax Ave
General Information
Standard status
Active
Size
3,400 SF
Lot size
0.18 Acres
Property subtype
RETAIL
Listing Agency:
Goodman Commercial Real Estate, LLC
(720) 440-6270
Listed By:
Mark Goodman, SIOR
(720) 440-6271
Source:
Moodyscre
Added: Jun 5, 2025
Changed: Sep 14
Last Checked: Oct 15 at 1:17AM
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 Goodman Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This 3,400 square foot retail/office space is situated on a 7,812 square foot lot in Denver’s West Colfax corridor. The property is zoned U-MS-3, which allows for a variety of commercial uses. It benefits from high visibility along Colfax Avenue with strong traffic. The property is ideal for an owner-user, retail, office, or mixed commercial use.
Key Highlights
- High‑visibility location on Colfax Ave with strong traffic.
- 3,400 SF retail/office space suitable for owner‑user.
- Zoned U‑MS‑3 allowing for a variety of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,817
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,340
$996.3K
Cap Rate 7%
$711,671
$711.7K
Cap Rate 9%
$553,522
$553.5K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$89.8K $26.40/SF
− Vacancy
−$23.3K −$6.86/SF
EGI
$66.4K $19.54/SF
− OpEx
−$16.6K −$4.88/SF
NOI
$49.8K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,340
Cap Rate 7%
$711,671
Cap Rate 9%
$553,522
Alternative Uses
Best Use
Office B
$711.7K
$622.7K – $830.3K
NOI $49,817 @ 7.0% cap · market cap 5.54%
Second Best
Retail
$664.9K
$581.8K – $775.7K
NOI $46,542 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.08M
$947.1K – $1.26M
NOI $75,764 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 3,400 SF retail/office space in Denver's West Colfax corridor.
Where is this retail space located?
The property is located at 4500 W Colfax Ave Denver, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High‑visibility location on Colfax Ave with strong traffic.; 3,400 SF retail/office space suitable for owner‑user.; Zoned U‑MS‑3 allowing for a variety of commercial uses.
