4609 E Colfax Ave - Restaurant FOR SALE


Denver, CO 80220- Park Hill
$1,395,000 USD
715-512-0265
4609 E Colfax Ave, Denver, CO for Sale
$1,395,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

4609 E Colfax Ave
Denver, CO 80220
Park Hill


HIGHLIGHTS

  • New Grease Trap
  • Newly Renovated
  • Landmark Location
  • High Traffic Count
  • Off-Street Parking

OVERVIEW

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. Lease rate: $24.95 SF/YR + NNN’s ($5.15 SF) = $9,539/Month

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

U-MS-3

APN/PARCEL ID

1313-30-008

ASK ABOUT THIS PROPERTY

Brandon LangiewiczHoff & Leigh, Inc.More Info
715-512-0265

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Brandon LangiewiczHoff & Leigh, Inc.More Info
715-512-0265

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