5353 W Colfax Ave - Office FOR SALE


Denver, CO 80214 | 
$1,295,000 USD
303-888-4900
5353 W Colfax Ave, Denver, CO for Sale
$1,295,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

5353 W Colfax Ave
Denver, CO 80214


HIGHLIGHTS

  • Great mid-century modern building.
  • Zoned M-G-U and in the path of re-development.
  • Walk to Sloans Lake, Edgewater Market, and more for retail and restaurants.

OVERVIEW

Incredible value-add / owner-user opportunity on West Colfax! 5,394 SF commercial building zoned M-G-U currently divided into offices ideal for medical, dental, veterinary, professional services, or creative use - ready for updating! Robust electrical capacity and functional HVAC are in place. SELLER CONCESSION: Seller offering a $50,000 credit at closing toward a new roof replacement with acceptable terms. Priced to reflect needed cosmetic/interior finish work and provide substantial equity upside. Excellent visibility, high traffic counts, and minutes from Sloan's Lake and Downtown Denver. Sold strictly As-Is. Great mid-century modern building. Zoned M-G-U and in the path of re-development. Walk to Sloans Lake, Edgewater Market, and more for retail and restaurants. Close to downtown - easy access throughout the metro area! Additional outbuilding for storage or park 3 cars inside. Rent = $3,000 NNN! Possible OWC.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

M-G-U

APN/PARCEL ID

39-364-14-008

ASK ABOUT THIS PROPERTY

Jim WeichselbaumLegacy 100 Real Estate PartnersMore Info
303-888-4900

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Jim WeichselbaumLegacy 100 Real Estate PartnersMore Info
303-888-4900

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