1245 E Colfax Ave - Office FOR SALE


Denver, CO 80218- City Park West
$12,000,000 USD
720-841-8909
1245 E Colfax Ave, Denver, CO for Sale
$12,000,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

NEW


1245 E Colfax Ave
Denver, CO 80218
City Park West


HIGHLIGHTS

  • Permit ready
  • Luxury Amenities
  • Great Income Potential

OVERVIEW

1245 E Colfax Avenue A New Standard for Urban Micro-Living in Denver 1245 E Colfax is a fully entitled, permit-ready mixed-use development designed for modern urban living along one of Denver’s most iconic corridors. The project delivers 144 thoughtfully designed micro-apartments and approximately 6,000 square feet of neighborhood-serving retail, combining new construction with adaptive reuse to create an activated, walkable residential environment. This is a shovel-ready infill opportunity with all major entitlement risk removed and a clear path to delivery. ________________________________________ Designed for How People Actually Live 1245 E Colfax was conceived around efficiency, flexibility, and lifestyle — not excess. The micro-unit format allows residents to live simply while still enjoying high-quality finishes and shared amenities that extend their living space beyond the unit. Interior residences feature: • Contemporary kitchens with full-size appliances • In-unit laundry • High ceilings and large windows • Clean, durable finishes designed for urban renters The result is housing that is efficient without feeling compromised. ________________________________________ Lafayette Building | New Construction The Lafayette Building anchors the project with 95 newly constructed micro-apartments arranged over five residential levels plus a rooftop amenity deck. Key Highlights • Modern micro-unit layouts • Exterior walk-up units along Lafayette Street • Ground-floor retail activating the street frontage Resident Amenities Purpose-built spaces that support work, connection, and downtime: • Co-working space and podcast studio • Multiple resident lounges • Outdoor courtyard • Rooftop amenity patio with city views These shared spaces are designed to replace square footage inside the unit, creating a stronger sense of community and livability. ________________________________________ Colfax Building | Adaptive Reuse The Colfax Building repositions an existing 1962 office structure into 49 micro-apartments with activated retail frontage along Colfax Avenue. Features • Change-of-occupancy renovation • Ground-floor retail including existing and new spaces • Fitness center and secure bike storage • Direct engagement with Colfax’s pedestrian activity By blending adaptive reuse with new construction, the project delivers character, efficiency, and cost discipline while preserving the rhythm of the corridor. ________________________________________ Street-Level Activation & Retail Approximately 6,000 square feet of retail is integrated across both buildings, creating an active pedestrian experience along Colfax and Lafayette. Retail spaces are sized and positioned to support: • Coffee and neighborhood food uses • Daily-needs retail • Services that benefit both residents and the surrounding community This retail component strengthens the project’s long-term durability and neighborhood integration. ________________________________________ Mobility-Forward by Design 1245 E Colfax prioritizes non-automotive mobility while still providing necessary parking. • Shared structured and surface parking • ADA-compliant and EV-ready stalls • Extensive secure bike parking (interior and exterior) • Transit-oriented Colfax corridor location This approach aligns with Denver’s evolving mobility patterns and renter preferences. ________________________________________ A Rare Shovel-Ready Opportunity With entitlements secured, designs completed, and permits ready, 1245 E Colfax offers a rare opportunity to deliver high-demand urban housing without prolonged pre-development risk. The project is positioned to capitalize on: • Continued demand for smaller, efficient urban units • Strong fundamentals along the Colfax corridor • Adaptive reuse combined with new construction efficiency 1245 E Colfax is not speculative — it is ready.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lofts on Colfax

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

C-MS-5

APN/PARCEL ID

2354-28-018

ASK ABOUT THIS PROPERTY

Kenneth O'DonnellReLogic BrokerageMore Info
720-841-8909

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Kenneth O'DonnellReLogic BrokerageMore Info
720-841-8909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.