Listing Agency: Hoff & Leigh B***@hoffleigh.com Show Phone

Listed By: Brandon Langiewicz, SIOR Show Phone

Source: Hoffleigh

Added: May 28, 2024 Changed: Jul 10 Last Checked: Aug 4 at 2:52AM

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Investment Insights

Based on property information with market context.

This newly remodeled 3,803 SF retail space was previously used as a landmark restaurant and is ready for a new operator. The interior has been updated with new finishes and restrooms, and the property includes a commercial kitchen package designed for foodservice, featuring a newly installed 1,200-gallon grease trap and a walk-in cooler. The storefront has been replaced, and the space is equipped with a roll-up door. Additional recent improvements include brand-new electrical panels and a brand-new HVAC system with enough power to cool a fully occupied restaurant.

Located on busy East Colfax Avenue in Denver, Colorado, the property sits just blocks from the high-traffic intersection of East Colfax Avenue and Colorado Boulevard. Off-street parking is available in the back, including a newly paved back lot measuring approximately 1,570 SF.

With its restaurant-grade improvements and fresh storefront appearance, this space can support a food-focused retail user looking to take advantage of a high-visibility retail corridor while maintaining practical access and back-lot parking. The combination of updated building systems, dedicated kitchen infrastructure, and turnkey interior readiness helps reduce the time and scope typically required to open or transition a concept.

Key Highlights

• 3,803 SF newly remodeled retail space on East Colfax Avenue in Denver
• Commercial kitchen systems include a brand‑new 1,200‑gallon grease trap and walk‑in cooler
• Brand‑new HVAC system with enough power to cool a fully occupied restaurant

Property Analytics

Property Profile

Current Use

Park Hill Handyman Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Electrical Service Barber Shop Big Box & Wholesale Store Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Drive-in doors

Yes

Heavy power

Yes

Grease trap

Location Intelligence

Trade Area within ½ mile

832

Businesses Nearby

43k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 49% Shops & Services 31% Home Improvements & Furnishings 20%

Burger King Dining

13,031 visits/mo 0.1 miles

Ace On The Fax Home Improvements & Furnishings

8,538 visits/mo 0.1 miles

Conoco Shops & Services

7,497 visits/mo 0.2 miles

7-Eleven Shops & Services

5,218 visits/mo 0.2 miles

SUBWAY Dining

3,056 visits/mo 0.1 miles

Demographics for 80220, CO

37,233

Population

17,675

Households

2.1

Avg Household Size

37

Median Age

66%

College-Educated

94%

High-School Grad

5.2 sq mi

ZIP Area

7,160

Density / Sq Mi

$101,961

Median Household Income

$61,568

Median Earnings

$1,621

Median Rent

$739,600

Median Home Value

Market

Vacancy Rate% for Retail in Denver, CO

6.7% 2019

7.4% 2020

6.5% 2021

5.4% 2022

5.2% 2023

4.8% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Newly remodeled retail space with commercial kitchen systems, including a grease trap and walk-in cooler, plus off-street parking.

Where is this storefront property located?

The property is located at 4609 East Colfax Avenue Denver, CO.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: 3,803 SF newly remodeled retail space on East Colfax Avenue in Denver; Commercial kitchen systems include a brand‑new 1,200‑gallon grease trap and walk‑in cooler; Brand‑new HVAC system with enough power to cool a fully occupied restaurant