For Sale
$3,500,000

1915 Colfax AveDenver, CO 80206

Denver Commercial Land, High-Density Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Denver commercial land parcel, located at 1915 & 1919 E Colfax Ave, presents a unique investment opportunity. The 21,670 square foot lot is zoned C-MS-5, allowing for a five-story development. Currently featuring two existing buildings – a two-story office/retail building and a separate retail/restaurant building – the property offers immediate income potential while redevelopment plans are underway. The site boasts a prime location at the northeast corner of High Street and Colfax Avenue, bordering the desirable Cheesman Park and City Park West neighborhoods. This high-traffic area provides excellent visibility and access to a plethora of nearby shopping and dining options. The existing leases include redevelopment clauses, allowing for flexibility in future development. The asking price is $3,500,000, translating to $161.51 per square foot. This presents a compelling chance to capitalize on the area's growth and create a high-density project, potentially including more affordable housing options. The property's size and zoning make it ideal for a variety of development scenarios. Don't miss this chance to acquire a significant piece of Denver real estate with substantial upside potential.

Highlights

  • 21,670 SF developable lot at 1915 & 1919 E Colfax Ave, Denver.
  • C-MS-5 zoning allows for five-story development.
  • Prime location at Colfax Ave & High St, near Cheesman Park.
  • Existing two-story office/retail and separate retail/restaurant buildings provide immediate income.
  • Leases contain redevelopment clauses.

Property Details for 1915 Colfax Ave

Property type
Retail properties, Office properties

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.740060545088
Longitude
-104.96461779422
1915 Colfax Ave, Denver, Colorado

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1915 Colfax Ave
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