Freestanding Retail Building with Upper
For Sale
$600,000
8710 E Colfax Avenue, Denver, CO 80220
Freestanding retail building on a main corridor with flexible upper-level space and E-MS-5 zoning for multiple uses.
Property Size3,821 SF
Lot Size0.14 Acres
Price / SF$157.03
Days on Market107
Property Features for 8710 E Colfax Avenue
General Information
Standard status
Active
Size
3,821 SF
Lot size
0.14 Acres
Property subtype
Retail
Zoning
E-MS-5
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Listing Agency:
(720) 357-0437
Listed By:
Dolby Haas
(720) 357-0437
Source:
Xome
Added: Apr 17
Changed: Jul 10
Last Checked: Jul 14 at 10:01PM
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 Dolby Haas
Investment Insights
Based on property information with market context.
This freestanding commercial property includes a 3,821 square foot building on a 6,250 square foot lot and is currently improved for retail use. The layout features expansive retail areas along with flexible upper-level space, plus multiple utility areas. The configuration supports continued retail operations while also fitting office, studio, and community-focused concepts where adaptable space is required. Buyers also have the option to explore acquisition of the existing bookstore business, subject to availability of confidential financials upon request with a signed NDA.
The property is positioned along the highly visible East Colfax corridor and is described as having strong accessibility and street presence. The remarks also note strong daily traffic and a highly walkable setting with proximity to surrounding residential neighborhoods, supporting consistent visibility for a neighborhood-serving tenant or operator.
Zoning is identified as E-MS-5 (Urban Edge – Main Street), with support for a wide range of commercial and mixed-use possibilities. The provided information states uses such as retail, restaurant, café, office, and studio, and also references redevelopment potential up to five stories. This makes the property particularly relevant for an owner-user seeking adaptable space, a tenant pursuing a long-term location along a major retail corridor, or an organization looking for a community-oriented footprint consistent with the current functional improvements.
The property is positioned along the highly visible East Colfax corridor and is described as having strong accessibility and street presence. The remarks also note strong daily traffic and a highly walkable setting with proximity to surrounding residential neighborhoods, supporting consistent visibility for a neighborhood-serving tenant or operator.
Zoning is identified as E-MS-5 (Urban Edge – Main Street), with support for a wide range of commercial and mixed-use possibilities. The provided information states uses such as retail, restaurant, café, office, and studio, and also references redevelopment potential up to five stories. This makes the property particularly relevant for an owner-user seeking adaptable space, a tenant pursuing a long-term location along a major retail corridor, or an organization looking for a community-oriented footprint consistent with the current functional improvements.
Key Highlights
- 3,821 SF freestanding commercial building on a 6,250 SF lot
- E‑MS‑5 (Urban Edge – Main Street) zoning allows a wide range of uses, including retail, restaurant, café, office, and studio
- Flexible layout with expansive retail areas, flexible upper‑level space, and multiple utility areas
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.4k | $20.52 |
| − Vacancy | −$3.7k | −$0.96 |
| EGI | $74.7k | $19.56 |
| − OpEx | −$22.4k | −$5.87 |
| NOI | $52.3k | $13.69 |
3,821 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Office B
$799.8K
$699.8K – $933.1K
NOI $55,985 @ 7.0% cap · market cap 9.33%
Second Best
Retail
$747.2K
$653.8K – $871.8K
NOI $52,305 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,145 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Anita's amazing Flowershop — 9826 E Colfax Ave, Denver, CO 80010
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building on a main corridor with flexible upper-level space and E-MS-5 zoning for multiple uses.
Where is this storefront property located?
The property is located at 8710 E Colfax Avenue Denver, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,821 SF freestanding commercial building on a 6,250 SF lot; E‑MS‑5 (Urban Edge – Main Street) zoning allows a wide range of uses, including retail, restaurant, café, office, and studio; Flexible layout with expansive retail areas, flexible upper‑level space, and multiple utility areas
