5501 E Colfax Avenue Denver, CO $ 1,995,000
5501 E Colfax Avenue
$ 1,995,000
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5501 E Colfax Avenue

Denver, CO, 80220
$ 1,995,000
Baths0.0 Sq 2,380

Monthly Estimate*

$ 13,936

Listed by Keller Williams Advantage Realty LLC
5501 E Colfax Avenue, Denver, CO 80220 - Image 1
5501 E Colfax Avenue, Denver, CO 80220 - Image 2
Studio

Commercial Property for sale in Denver, CO

for $1,995,000. This 2,380 square foot building was built in 1955 on a lot size of 0.37.

The Highly Visible Corner Lot Property. Situated at a traffic-controlled intersection along East Colfax Avenue, a bustling thoroughfare within Denver. Positioned conveniently near downtown Denver, Stanley Marketplace, Lowry, and the Anschutz Medical Campus. Perfect for enterprises aiming to cater to a varied clientele encompassing students, medical practitioners, and community residents. Offering effortless entry to key highways and public transit, essential for those seeking business or investment growth in the Denver area. The Building is closed and fenced off with very minimal if any value. Property taxes shown are for 2022.

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Commercial Active

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,118

Style

Traditional

Lot Size

0.37

Year Built

1955

Town/City

Denver

County/Region

Denver

MLS | Web ID

4631483

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected
Possession Closing/DOD
Roof Membrane Unknown
Zoning U-MS-3
Garage Spaces 0
Architectural Style Traditional
Construction Materials Concrete Wood Frame
Year Built 1955
Stories 1
Property SubType Retail
Tax Year 2022
Current Use Restaurant
County Denver
Property Type Commercial Sale
Attached Garage N
Status Active
Directions Corner of East Colfax & Hudson Street.
City Denver
Buyer Agent Compensation 1
Total Units 0
Lot Size Square Feet 16100
Carport Spaces 0
Street Name Colfax
Tax Annual Amount 18118
Structure Type Free Standing
Standard Status Active
Occupancy Description Vacant
Cap Rate 0
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt
Lot Features Corner Lot Near Public Transit
Water Source Public
Total Parking 25
Lot Size Area 16100
Building Area Total 2380
Lot Size Acres 0.37
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 5501
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* Excluded Features
List By
Keller Williams Advantage Realty Llc

Broker

(303) 846-9233

Phone

Affordability Calculator

$15,446
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$1,510
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$1,995,000 -9.11% Price Down
9/22/2023$2,195,000 -20.18% Price Down
9/11/2023$2,750,000 -6.78% Price Down
8/10/2023$2,950,000 Listed Price

Map


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5501 E Colfax Avenue, Denver, CO, 80220 is a Commercial Property for sale at $1,995,000 with 2,380 sqft and a lot size of 0.37. 5501 E Colfax Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 80220 which is in Denver, CO