Freestanding Retail Building with Upper
8710 E Colfax Ave Denver, CO 80220
For Sale
$600,000
COMMERCIAL - Denver, CO
Property Size3,821 SF
Lot Size0.14 Acres
Price / SF$157.03
Days on Market92
Property Features for 8710 E Colfax Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
Size
3,821 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
17700
Utilities
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1950
Flooring type
Tile, Linoleum, Carpet
Roof type
Asphalt
Listing Agency:
Dolby Haas
(720) 515-1802
Listed By:
Grant Dolby
(720) 515-1802
Added: Apr 29
Changed: Jul 12
Last Checked: Jul 29 at 4:06PM
MLS# 11737067
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding commercial building is positioned along a highly visible main corridor and is currently home to a long-standing bookstore with more than 20 years of retail history. The property includes expansive retail space, flexible upper-level space, and multiple utility areas, supporting continued retail use or a variety of alternate configurations.
The building sits on a 6,250 square foot lot and is described as having strong accessibility and street presence. The listing notes the property is located within E-MS-5 (Urban Edge - Main Street) zoning, which the remarks state allows a wide range of commercial and mixed-use possibilities, including retail and office uses, with redevelopment potential up to 5 stories. The East Colfax corridor location is intended to support consistent visibility, and the remarks also reference an upcoming East Colfax Avenue Bus Rapid Transit project.
If desired, buyers may explore acquisition of the existing bookstore business, which is offered as a potential turnkey option or a platform to build upon an established retail concept.
The building sits on a 6,250 square foot lot and is described as having strong accessibility and street presence. The listing notes the property is located within E-MS-5 (Urban Edge - Main Street) zoning, which the remarks state allows a wide range of commercial and mixed-use possibilities, including retail and office uses, with redevelopment potential up to 5 stories. The East Colfax corridor location is intended to support consistent visibility, and the remarks also reference an upcoming East Colfax Avenue Bus Rapid Transit project.
If desired, buyers may explore acquisition of the existing bookstore business, which is offered as a potential turnkey option or a platform to build upon an established retail concept.
Key Highlights
- 3,821 SF freestanding commercial building on a 6,250 SF lot along East Colfax corridor
- Flexible E‑MS‑5 zoning (Urban Edge - Main Street) allows retail, restaurant, cafe, office, studio, and redevelopment up to 5 stories
- Built in 1950 with natural gas heating and an asphalt roof
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with flexible upper-level space and multiple utility areas, currently operating as a long-standing bookstore.
Where is this retail space located?
The property is located at 8710 E Colfax Ave 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 along East Colfax corridor; Flexible E‑MS‑5 zoning (Urban Edge - Main Street) allows retail, restaurant, cafe, office, studio, and redevelopment up to 5 stories; Built in 1950 with natural gas heating and an asphalt roof
