8500 Colfax AveLakewood, CO 80215

Property Details for 8500 Colfax Ave

Year built

1956

Lot size

19,602.00 AC

Property size (Sq ft)

9,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 9,000 square foot restaurant and storefront property, located at 8500 W Colfax Ave in Lakewood, Colorado, presents a prime investment opportunity. Priced at $1,890,000 ($210/sq ft), this vacant building sits on a substantial 19,602 square foot lot and offers a 10-year lease term (NNN). Built in 1956 and renovated in 1999, the property boasts 13-foot ceilings, a fully sprinklered system, and ample parking (65-80 spaces, a 3:1,000 ratio). The building's zoning (M-G-S) allows for diverse uses, including event centers, medical facilities, and traditional retail. Its strategic location on the West Colfax corridor, between Golden and Downtown Denver, provides easy access to major thoroughfares like 6th Avenue and I-70, benefiting from the high traffic and visibility of this established commercial area. The property is currently in a "warm grey shell" condition, offering a buyer the flexibility to customize the space to their specific needs. Annual property taxes are $20,129.32, and annual property insurance is $2,890.00. The building features on-site signage and offers a frontage of 80 to 100 feet. This is an ideal opportunity for an owner-user investor seeking a versatile, well-located property with significant potential.

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.7399

Longitude

-105.092

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