Financial
Distress signals
Property profile

2344 Colfax Ave Denver, CO 80206

OFF-MARKET
Retail space
Property ID
US13-2762379
2,440 SF 0.22 ac lot Built 1968
Last sale Dec 2025 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,440 square foot, multi-tenant retail storefront located at 2344 E. Colfax Avenue in Denver, Colorado. The property, built in 1968 and renovated in 2013, sits on a 9,711 square foot lot and boasts 13 parking spaces. Currently 100% occupied by Subway and Phone Repair and More, this building offers a strong 6.31% cap rate with an asking price of $1,535,000 ($629.10/sq ft). The property features two units under a NNN lease structure. Subway is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$241k
Assessed land$181k
Assessed improvement$60k
Effective rate8.76%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$322/SF
Submarket average, outlier-cleaned · 470 recorded sales of this use type
Observed band · Q1–Q3$182 – $469
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-MS-8
C-MS-8 Main Street 8 C-MS-12 Main Street 12 C-CCN-3 C-CCN-4 C-CCN-5 C-CCN-7 C-CCN-8 C-CCN-12 Cherry Creek North 3 Cherry Creek North 4 Ch...
General categoryMIXED_USE
JurisdictionDENVER

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon18.3
Electrical Service16.1
Wholesale Shop15.6

Location

2344 Colfax Ave Denver, CO 80206-1403
County assessor Recorded deeds · 22 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3215 Colfax, Denver, CO 80206-1711 $435,000 Jul 2025 1,670 SF
290 Fillmore St, Denver, CO 80206-5020 $650,000 May 2022 1,691 SF
2422 3rd, Denver, CO 80206-4704 $1,750,000 Jul 2021 2,496 SF
311 Detroit St, Denver, CO 80206-4310 $1,400,000 May 2021 1,646 SF
248 Detroit, Denver, CO 80206-4807 $3,050,000 Sep 2020 3,360 SF
2901 Colfax, Denver, CO 80206-1604 $580,000 Sep 2019 3,691 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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