7785 Colfax AveLakewood, CO 80214

Property Details for 7785 Colfax Ave

Year built

1954

Lot size

0.74 AC

Property size (Sq ft)

4,740 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional Class A executive office building, situated on 0.74 acres at 7785 W Colfax Ave in Lakewood, Colorado (80214), presents a unique investment opportunity. The 4,740 square foot building, completely renovated in 2022, boasts a 100% occupancy rate with a single tenant. Originally constructed in 1954, the property currently functions as a thriving auto lot, showcasing high visibility and impressive traffic counts due to its location less than a block west of Wadsworth Blvd. The lot comfortably accommodates 130 vehicles, with current monthly sales averaging 50-60 cars. The building itself includes a spacious sales office featuring six private offices, ample storage space, and multiple bathrooms. A small bay is also available for mechanical work and detailing. A canopy provides weather protection for approximately 20 vehicles. The property includes convenient access to numerous restaurants, including Qdoba, Panda Express, Chipotle, and a Walmart Supercenter, located just east of Wadsworth Blvd. Prominent Colfax monument signage enhances visibility. The Jefferson County property is zoned MGU - Jeffco and has 2023 property taxes of $25,710.92 (payable in 2024). This turnkey operation offers significant potential for continued success and strong return on investment. The asking price is $2,350,000.

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.7406

Longitude

-105.083

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