11710-11712-11717 E Colfax Avenue CO Aurora, CO 80010

Listing Agency RE/MAX Leaders | Commercial Division

Listed by Jae Kim · License #CO 320502

Source Crexi

Added: Nov 11, 2024 Checked: Jul 20 at 6:23 am

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Investment Insights

Based on property information with market context.

This property features three lots with three brick buildings, totaling 48,827 square feet (1.12 acres). Located at 11710 E. Colfax Ave, there is a 6-unit apartment building with 3,036 square feet, situated on a 20,427 square foot lot, and an attached barbershop generating $1,250.00 in monthly rental income. The property at 11712 E. Colfax Ave is an independent motel with a building size of 6,651 square feet on a 16,800 square foot lot. An additional motel space at 11714 E. Colfax Ave includes a 1,211 square foot building on an 11,600 square foot lot. The owner absentee operates the business, generating over $170,000 per year in stable income. This property is suitable for redevelopment or investment.

Key Highlights

• Stable income of over $170,000 per year.
• Total lot size of 48,827 SqFt (1.12 Acre) with 3 separate lots.
• Includes a 6‑unit apartment building (3,036 SqFt) and two motel buildings (6,651 SqFt & 1,211 SqFt).

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FAQs

What type of property is this?

Motel - Three lots with apartments, motel, and barbershop on Colfax.

Where is this motel located?

The property is located at 11710-11712-11717 E Colfax Avenue CO Aurora, CO.

What are key features of this property?

This property features: Stable income of over $170,000 per year.; Total lot size of 48,827 SqFt (1.12 Acre) with 3 separate lots.; Includes a 6‑unit apartment building (3,036 SqFt) and two motel buildings (6,651 SqFt & 1,211 SqFt).