1245 Colfax Ave Denver, CO 80218
- Office buildings
- 52,779 SF
- 0.86 lot acres
Current Use by Public Records
- Dental Health at Midtown / Dentist
- Talea Nevarez: Allstate Insurance / Insurance Agency / Auto Insurance Agency
- Rocky Fin Poke Bar / Hawaiian Restaurant / Poke Bar
- KHIUS+KHUS modern herbal fusion / Health And Beauty Shop
- American Driving Academy / Driving School
Property Details for 1245 Colfax Ave
- Year built
- 1966
- Construction
- CONCRETE
- Lot size
- 0.86 lot acres
- Property size
- 52,779 SF
- Zone code
- C-MS-5
- Property type
- Office buildings
- APN
- 02354-28-018-000
- APU
- 235428018000
Description
This exceptional Denver property, located at 1245 E. Colfax Ave, offers prime ground floor retail and office space in two available suites. Situated in Denver County, Colorado, zip code 80218, this multi-tenant building presents a unique opportunity for businesses seeking versatile space. The suites range in size from 1,500 square feet to 4,048 square feet, catering to a variety of needs. The property is classified as both retail and office, with specific sub-types including medical office and creative office spaces, making it ideal for a diverse range of tenants. The building's location provides excellent visibility and accessibility. This is a fantastic opportunity to secure high-quality space at attractive rates, with aggressive incentives currently available. The property's address is 1245 E. Colfax Ave, Denver, CO 80218. Interested parties should inquire about the available incentives and lease terms. The property is conveniently located in Denver County, Colorado, offering easy access to major transportation routes and amenities. Don't miss this chance to establish your business in a thriving Denver location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,160,000
- 6.5%
- $6,555,000
- 7%
- $6,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,555,000
- Geo Method
- $8,075,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,340,000
- Retail
- $6,450,000
- Mixed-Use
- $6,520,000
- Hospitality
- $7,790,000
- Educational
- $6,385,000
- Residential Income
- $7,105,000
- Energy
- $8,055,000
- Income-Based Land
- $7,835,000
- Food Service
- $7,960,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.971
- Latitude
- 39.7406
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
