4609 E Colfax Ave Denver, CO 80220
For Sale
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Property offered for sale or lease. This is a rare opportunity to own your real estate! Seller Carry Financing Available! Hoff & Leigh is proud to present this well-appointed 3,803 SF retail space for sale or lease. This newly remodeled commercial property anchors the esteemed Park Hill neighborhood and is located on busy East Colfax Avenue in Denver, Colorado, just blocks from the high-traffic intersection of East Colfax Avenue and Colorado Boulevard. The site, formerly home to a landmark restaurant, presents an amazing opportunity for new operators looking to capitalize on the next era of this thriving submarket. The property offers off-street parking in the back and has recently undergone significant upgrades, including: a newly paved back lot (approximately 1,570 SF), a brand-new storefront, a roll-up door, brand new electrical panels, brand new HVAC system (equipped with enough power to cool a fully occupied restaurant), a brand new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms, ensuring it’s ready for a new user to make it their own. Reduced Lease Rate: $20.00 SF/YR ($6,338.33/Month) + [ $1,324.71/Month for NNN’s ($4.18 SF) ] = $7,663.04/Month Listing Page: https://www.hoffleigh.com/listing/4609-e-colfax-avenue/
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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