3610 Colfax Ave Denver, CO 80204
- Retail space
- 5,458 SF
- 0.12 lot acres
Current Use by Public Records
- Seedstock Brewery / Brewery
Property Details for 3610 Colfax Ave
- Year built
- 1951
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 5,458 SF
- Zone code
- U-MS-3
- Property type
- Retail space
- APN
- 05061-01-017-000
- APU
- 506101017000
Description
This exceptional Denver retail opportunity presents 7,570 square feet of space within a vibrant community center located at 3610 W Colfax Avenue, at the intersection of Colfax Ave & Lowell Blvd, zip code 80204. The property, a Class B building constructed in 1928 and extensively renovated in 2018, features two single-story buildings totaling 7,570 square feet. Currently, 3,350 square feet of retail space is available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 3,350 square feet. The property sits on a 13,250 square foot lot and offers eight parking spaces. The building boasts 200+ amp 3-phase power. This prime location benefits from high visibility within an established neighborhood, offering an attractive alternative to other areas. The property is zoned U-MS-3, Denver, and is situated in both Enterprise and Opportunity Zones, presenting unique advantages for new businesses. The center is currently anchored by a successful brewery and a popular coffee and kombucha shop, creating a thriving commercial environment. Ideal for a variety of uses, including but not limited to a deli, bike shop, real estate office, professional office, or wellness center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $575,000
- 6.5%
- $560,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $530,000
- Geo Method
- $545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $515,000
- Mixed-Use
- $615,000
- Hospitality
- $500,000
- Educational
- $645,000
- Residential Income
- $620,000
- Energy
- $590,000
- Income-Based Land
- $485,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.035
- Latitude
- 39.7401
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA