For Sale
$995,000

8810 Colfax AveLakewood, CO 80215

West Colfax Ave. auto shop, great location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,210 square foot auto shop, located at 8810 West Colfax Avenue in Lakewood, Colorado, presents a compelling investment opportunity. Built in 1970, this Class B retail property sits on a substantial 30,928 square foot lot and boasts a prime location on West Colfax Avenue, midway between Kipling and Wadsworth. The property includes a reception area, four offices, two restrooms, and two drive-in service bays. A significant advantage is the large, secluded, and secured 30,000+ square foot yard area at the rear of the building, offering ample storage space. The current tenant is under a Modified Gross Lease, extending until March 31, 2028, providing immediate income potential. The property's strategic location offers excellent visibility and accessibility, situated just one block from a Safeway, Natural Grocers, Ziggi's Coffee, Starbucks, and the Lakewood Recreation Center. Furthermore, it's only two blocks from the RTD Garrison Station, Wendy's, and a Chicago Market, ensuring high foot traffic and customer convenience. The property's size and location offer significant potential for future redevelopment. This owner/user or investment opportunity is priced at $995,000. The property's features, location, and lease terms make it an attractive proposition for both investors and owner-operators seeking a well-established business in a thriving area.

Highlights

  • High-profile W. Colfax Ave frontage with hidden rear storage.
  • Existing tenant under a modified gross lease expiring March 31, 2028.
  • Two drive-in service bays.
  • Excellent redevelopment potential.
  • One block from Safeway, Natural Grocers, coffee shops, and Lakewood Recreation Center.
  • Two blocks from RTD light rail, Wendy's, and Chicago Market.

Property Details for 8810 Colfax Ave

Property type
Retail properties, Auto shops
Square Feet
2,210 SF
Class
B
Year Built
1970

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.7400295
Longitude
-105.096604
8810 Colfax Ave, Lakewood, Colorado

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8810 Colfax Ave
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