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Gated Commercial Land
For Sale
$1,650,000

7940 E Colfax Avenue, Denver, CO 80220

Two-parcel gated property with an office building, garage, and zoning that permits continuous auto dealer use.

Property Size1,444 SF
Days on Market45

Property Features for 7940 E Colfax Avenue

General Information

Standard status Active
Size 1,444 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning E-MS-3

Taxes and HOA fees

Annual Taxes $4,948

Building Details

Building Size 1,444 SF
Year Built 1962
Listing Agency: RE/MAX PROFESSIONALS
Listed By: Linda Tran
Source: Coloradopartners
Added: Jul 16 Changed: Aug 29 Last Checked: Aug 29 at 6:18PM

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 RE/MAX PROFESSIONALS

Investment Insights

Based on property information with market context.

This commercial land offering combines two parcels totaling 11,930 SF. Improvements include an office building and garage, with the property enclosed by a gate. The office building dates to 1962, providing an existing commercial component within the site.

Access is arranged from Tamarac St for the lot and from the western alley for the garage. The property is zoned E-MS-3, which permits multiple uses; continuous auto dealer use is specifically identified as an allowed option. The site fronts E Colfax Ave and offers an opportunity for owner occupancy or future leasing to auto dealers.

Key Highlights

  • Two parcels totaling 11,930 SF
  • E‑MS‑3 zoning allows multiple uses, including continuous auto dealer use
  • Gated site with an existing office building and garage

Property Analytics

Current Use

Marathon Auto Car Dealership

Suggested Use

Top Pick Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Parking Lot & Garage Tanning Salon Restaurant

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

Location Intelligence

Trade Area within ½ mile

1,555
Businesses Nearby

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 Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel gated property with an office building, garage, and zoning that permits continuous auto dealer use.
Where is this commercial land located?
The property is located at 7940 E Colfax Avenue Denver, 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: Two parcels totaling 11,930 SF; E‑MS‑3 zoning allows multiple uses, including continuous auto dealer use; Gated site with an existing office building and garage
More about this property
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