1331 Colfax Ave Denver, CO 80218

This exceptional freestanding retail property at 1331 E Colfax Ave, Denver, CO 80218, presents a compelling investment opportunity. The 8,800 square foot building, constructed in 1983, boasts a 4,085 square foot net rentable area, currently operating at 100% occupancy across three units. The property features a recently renovated façade, new glass storefronts, a newly paved parking lot, and updated landscaping, enhancing its curb appeal and functionality. Situated on a 12,500 square foot lot, zoned C-MS-5, it benefits from high visibility and ample on-site parking, crucial for attracting customers. Each suite includes private restrooms, adding to tenant convenience. The building's prime location along E Colfax Avenue ensures strong traffic counts, while its proximity to desirable Denver neighborhoods like City Park West, Uptown, Cheesman Park, and Capitol Hill provides access to a robust customer base. The property offers a 6.79% cap rate and is listed at $2,400,000. The basement space presents potential for future development and increased revenue with additional capital investment. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a thriving Denver location.