Back to Search

Lakewood Warehouse with Redevelopment Potential

7007 W Colfax Ave, Lakewood, CO 80214

View on Map

For Sale

Contact for pricing

Unique warehouse property near Wadsworth and Colfax with redevelopment potential.

Type:Industrial

Property size:

5,760 SF

Price / SF:

$286/SF

HighLights

MGU Zoning allows for a wide array of uses.
Ability to host up to 5 tenants, offering diverse income potential.
Warehouse is separately metered for four units, providing flexibility.
Existing liquor store tenant provides immediate income.
Access on two streets allows for easy traffic flow.
Large lot provides ample parking for customers.

We can help!

Contact an agent

Nick Jurgens

For Sale

Contact for pricing

Unique warehouse property near Wadsworth and Colfax with redevelopment potential.

Type:Industrial

Property size:

5,760 SF

Price / SF:

$286/SF

Added:: Mar 17, 2026
Days on Market:: 113
Last Refresh:: Jul 2 at 7:14 am

Property Features for 7007 W Colfax Ave

General Information

Standard status: Active
Size: 5,760 SF
Property subtype: Industrial

Building Details

Year Built: 1985

We can help!

Contact an agent

Nick Jurgens

Listing office Madison Commercial Properties Ltd

Listing date Mar 17, 2026

Source Crexi

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 Madison Commercial Properties Ltd

HighLights

MGU Zoning allows for a wide array of uses.
Ability to host up to 5 tenants, offering diverse income potential.
Warehouse is separately metered for four units, providing flexibility.
Existing liquor store tenant provides immediate income.
Access on two streets allows for easy traffic flow.
Large lot provides ample parking for customers.

Overview

Located just northeast of Wadsworth and Colfax, this property offers the potential to accommodate up to five tenants. Currently, a liquor store is leased, while the remainder of the warehouse functions as a single unit, suitable for either an owner-user or investor. The warehouse has separate meters for four units. A large lot at the back of the property, furthest from Colfax, provides ample parking. Access is available from two streets, facilitating traffic flow. The MGU zoning allows for a wide array of uses. The warehouse can be divided into four units from its current configuration as one unit. The property size is 5760 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$124.4k	$21.60
− Vacancy	−$8.7k	−$1.51
EGI	$115.7k	$20.09
− OpEx	−$28.9k	−$5.02
NOI	$86.8k	$15.07

5,760 SF · lease $21.60/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.24M

$1.08M – $1.45M (±1% cap)

NOI $86,780 @ 7.0% cap · market cap 5.26%

Second Best

Retail

$1.11M

$968.4K – $1.29M (±1% cap)

NOI $77,475 @ 7.0% cap · market cap 4.70%

Theoretical Best

Office A

$1.73M

$1.51M – $2.01M (±1% cap)

NOI $120,766 @ 7.0% cap · market cap 7.32%

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

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Similar Places Nearby

Cubesmart Selfstorage — Lakewood, CO 80214
303 Self Storage - Colfax — 5885 W Colfax Ave, Lakewood, CO 80214
Colorado Bound Moving Services — 5714 w 9th ave, lakewood, co 80214

Location Insight

Map
Local Demand

City: Lakewood
County: Jefferson
State: Colorado
Longitude: -105.1499424
Latitude: 39.7390737

Nearby Similar for Sale

$2,785,000

Two-Story Retail Strip Center

Two-story multi-tenant retail asset with small-bay suites, 90 surface parking spaces, and prominent Colfax Avenue frontage.

8525 W Colfax Ave, Lakewood, CO 80215

View Details
$4,950,000

22,800 SF

Freestanding Industrial Buildings with Yard

Three freestanding industrial buildings with retail/showroom exposure and a fenced, fully paved yard sized for storage and access.

950 Simms St, Lakewood, CO 80401

View Details
$1,500,000

5,720 SF

Freestanding Auto Service and Storage Building

Corner freestanding building with multiple overhead doors and loading access, suited for auto-related uses and flexible light industrial layouts.

5700 W Alameda, Lakewood, CO 80226

View Details
$4,500,000

31,955 SF

Lakewood Commercial Property for Sale

31,955 SF M-G-U zoned property on 84,000 SF land.

7801 W Colfax Ave, Lakewood, CO 80214

View Details
$1,249,000

5,382 SF

Lakewood Flex/Industrial Property For Sale

Flex/industrial property in high-demand West submarket near major highways.

W Mississippi Ave 6025, Lakewood, CO

View Details
$7,200,000

19,440 SF

Applewood Townhomes: Spacious Three-Bedroom Units

12-unit townhome community in a desirable Denver neighborhood.

11611 W 16th Ave, Lakewood, CO 80215

View Details
$1,600,000

8,415 SF

Kipling Village Professional Center

8,415 SF multi-tenant medical and professional office building for sale.

10090 W 26th Ave, Lakewood, CO 80215

View Details
$2,785,000

20,787 SF

Multi-Tenant Asset on Colfax Avenue

Two-story commercial property with high visibility and diverse tenant mix.

8525-8545 W. Colfax Ave, Lakewood, CO 80215

View Details
$2,585,000

910 SF

Garrison West Office Space

Centrally located office space with open floor plan.

651 Garrison St, Lakewood, CO

View Details
$590,000

1,341 SF

Mixed-Use Building with Parking

Flexible live/work space with high visibility and ample parking.

1399 Kipling St, Lakewood, CO

View Details
$1,400,000

1,548 SF

Lakewood Office Space Available

Office space for rent in Lakewood, Colorado.

8725 W 14th Ave, Lakewood, CO

View Details
$1,675,000

6,189 SF

Lakewood Retail Center for Sale

Retail center with 100% occupancy and high traffic visibility.

11712, 11716, 11718, 11720 & 11730 W. Colfax Ave, Lakewood, CO 80215

View Details

For sale
Warehouses
CO
Lakewood
80214
7007 W Colfax Ave

What type of property is this?

Warehouse - Unique warehouse property near Wadsworth and Colfax with redevelopment potential.

Where is this warehouse located?

The property is located at 7007 W Colfax Ave Lakewood, CO.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: MGU Zoning allows for a wide array of uses.; Ability to host up to 5 tenants, offering diverse income potential.; Warehouse is separately metered for four units, providing flexibility.