Map of Property

Office Building Redevelopment Opportunity - Multifamily / Retail Proposed Project

For Sale

1245 E Colfax Ave, Denver, CO 80218

This Denver property for sale is located at 1245 E Colfax Ave. The current listed sale price for Office Building Redevelopment Opportunity - Multifamily / Retail Proposed Project is $7,895,000. Office Building Redevelopment Opportunity - Multifamily / Retail Proposed Project is situated on a lot that is 46,893 square feet in size.

Contacts

broker

Craig Stack

broker

Bill Morkes

Property Details

  • Property Type Other
  • Lot Size 46,893 SF
  • Date Updated Apr 25, 2024

Discover a prime investment prospect at 1245 East Colfax Avenue, located in downtown Denver's vibrant southern district. This property, currently an office building with ground-floor retail, will undergo a transformative renovation into a modern multi-family complex with commercial spaces. Boasting 58 units and 6,038 square feet of commercial space, this project promises urban living with amenities.

Investment Details

  • Price: $7,895,000
  • Size: +/- 46,893 SF
  • Zoning: Zoned C-MS-5


Proposed Development

  • Plans submitted for 58 units and 6,038 SF of retail
  • 3 Floors of residential over 1-level of retail
  • Parking:  32 spaces

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Getting around

  • 96/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 92/100

    Bike Score ®

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Location

  • City Denver, CO
  • Neighborhood City Park West
  • Zip Code 80218
  • Market Denver

Points of Interest

  • 20th & Welton

    0.98 miles

  • 25th & Welton

    1.01 miles

  • 27th & Welton

    1.08 miles

  • 18th & California

    1.10 miles

  • 18th & Stout

    1.15 miles

  • 16th & California

    1.17 miles

  • 16th & Stout

    1.22 miles

  • 30th & Downing

    1.29 miles

  • Theatre District / Convention Center

    1.35 miles

  • Colfax at Auraria

    1.64 miles

  • Conoco

    0.21 miles

  • Conoco

    0.26 miles

  • 7-Eleven

    0.29 miles

  • Sinclair

    0.33 miles

  • Conoco

    0.80 miles

  • Circle K

    1.04 miles

  • Conoco

    1.20 miles

  • Conoco

    1.34 miles

  • 7-Eleven

    1.53 miles

  • Conoco

    1.60 miles

  • 1430 Humboldt Apartments Parking lot

    0.15 miles

  • K Parking Garage

    0.41 miles

  • Humboldt Garage

    0.43 miles

  • The Avenue Grille Parking Only

    0.44 miles

  • Business Parking

    0.48 miles

  • SCL Health Saint Joseph Hospital Parking

    0.49 miles

  • Funeral Parking

    0.62 miles

  • Thomas Bean Towers Parking Garage

    0.71 miles

  • East High School Parking Lot

    0.73 miles

  • Our Savior's Lutheran Church Parking

    0.73 miles

  • Ramada Denver Downtown

    0.09 miles

  • Days Inn Denver Downtown

    0.24 miles

  • Newhouse Hotel

    0.64 miles

  • The Cambridge

    0.70 miles

  • Hampton

    0.83 miles

  • The Brown Palace Hotel and Spa, Autograph Collection

    0.91 miles

  • the Art Hotel

    0.93 miles

  • Holiday Inn Express Denver Downtown

    0.95 miles

  • 11th Avenue Hotel and Hostel

    0.95 miles

  • The Metlo

    0.97 miles

  • Marczyk Fine Foods

    0.41 miles

  • Natural Grocers

    0.42 miles

  • Ideal Market

    0.55 miles

  • King Soopers

    0.65 miles

  • Safeway

    0.68 miles

  • Safeway

    1.07 miles

  • Trader Joe's

    1.11 miles

  • Target

    1.15 miles

  • TJ Maxx

    1.19 miles

  • Ross

    1.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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