606 Colfax AveDenver, CO 80204

  • Retail properties
  • 0.31 AC
For Sale
$2,200,000 View listing

Property Details for 606 Colfax Ave

Year built
1983
Construction
WOOD
Lot size
0.31 AC
Zone code
GTR
Property type
Retail properties
Property subtype
Banks
APN
05034-03-037-000
APU
503403037000

Description

This exceptional 13,485 square foot commercial land parcel, located at 606 W Colfax Avenue in Denver, Colorado's vibrant Golden Triangle neighborhood, presents a compelling redevelopment opportunity. Currently zoned D-GT, this site allows for a diverse range of development options, including a mixed-use structure up to 66 feet tall, subject to the State Capitol view plane. The property boasts a highly desirable location, situated near Denver's central business district, with easy access to numerous hotels, restaurants, retail establishments, and government facilities. The high daily traffic count on West Colfax Avenue (38,761 cars per day) provides exceptional visibility and accessibility. The existing 1,226 square foot, single-story building, formerly occupied by a bank, features two drive-thru bays and could be repurposed or demolished to accommodate a new development. This site is ideal for a high-density mixed-use project or a drive-thru retail establishment. The seller is open to considering build-to-suit options for retail redevelopment. The asking price for this remarkable property is $2,200,000. The property was built in 1981 and sits on a 13,485 square foot lot in the 80204 zip code. The seller may consider owner financing. This is a rare chance to acquire a prime piece of real estate in a rapidly growing area of Denver.

606 Colfax Ave, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7397
Longitude
-104.996
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$48,051
$555,990
$64,140
$620,130
-
$2,022,800
$229,900
$2,252,700

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