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    4609 Colfax Ave Denver, CO 80220

    Sponsored
    For Sale
    $1,495,000

    Prime Denver restaurant space, 3803 sq ft.

    Property size:
    3,803 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,803 square foot restaurant space, located at 4609 E Colfax Avenue in Denver, Colorado, 80220, presents a unique investment opportunity. Situated in the desirable Park Hill neighborhood, this newly renovated property boasts a landmark location on a high-traffic section of East Colfax Avenue, just blocks from the intersection of East Colfax Avenue and Colorado Boulevard. Previously home to a well-established restaurant, this second-generation space offers a complete kitchen infrastructure, ready for immediate occupancy. Significant upgrades are underway, including a new storefront, roll-up door, a Type 1 hood system, updated mechanical systems, and grade-level improvements from sidewalk to alley. The property also includes the valuable asset of off-street parking. This thriving submarket is home to successful businesses such as Benzina, Marczyk Foods, Tessa Delicatessen, and Le Fillette Bakery, further enhancing the location's appeal. The property is available for sale at $1,495,000 or for lease. This is an unparalleled chance to establish or relocate your restaurant in a vibrant and well-connected Denver location.

    Property Features for 4609 Colfax Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,803 SF

    HighLights

    • 3,803 SF second‑generation restaurant space.
    • Newly renovated with modern upgrades.
    • Landmark location on high‑traffic E Colfax Ave in Denver's Park Hill neighborhood.
    • High traffic counts and excellent visibility.
    • Includes valuable off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park Hill Handyman Handyman/Handywoman/Handyperson

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9334782
    Latitude
    39.7403714

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    FAQs

    What type of property is this?
    Restaurant - Prime Denver restaurant space, 3803 sq ft.
    Where is this restaurant located?
    The property is located at 4609 Colfax Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: 3,803 SF second-generation restaurant space.; Newly renovated with modern upgrades.; Landmark location on high-traffic E Colfax Ave in Denver's Park Hill neighborhood.
    Request Owner's contact information
    4609 Colfax Ave Denver, CO 80220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4609 Colfax Ave Denver, CO 80220
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