Retail Space
2344 East Colfax Avenue Denver, CO 80206
Details & Description
Price: $1,835,000
    2344 E. Colfax Avenue is a 2,440 square foot building situated on a 9,711 square foot lot and is located at one of the busiest intersections in central Denver. This is a great owner/user or investment opportunity. The property could be delivered 100% leased or 100% vacant. Metro PCS has less than a year left and currently pay $50,000 per year. Subway has the ability to sign a long term lease at the close of escrow.HighlightsGreat long-term development hold.High traffic corner - Over 30,000 vehicles per day.Adjacent to East High School & Denver Community Center.Potential redevelopment later on - 8 story zoning.    
    Listing Agents
    Marc Lippitt

    O: 303-321-5888
    M: 303-321-5889
    mlippitt@uniqueprop.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2344 East Colfax Avenue

    Denver, CO 80206

    Listing ID: 221270
    • 2344 East Colfax Avenue Denver, CO 80206 | for Sale | Photo 1
    • 2344 East Colfax Avenue Denver, CO 80206 | for Sale | Photo 2
    • 2344 East Colfax Avenue Denver, CO 80206 | for Sale | Photo 3
    2344 East Colfax Avenue | for Sale | Thumbnail 1
    2344 East Colfax Avenue | for Sale | Thumbnail 2
    2344 East Colfax Avenue | for Sale | Thumbnail 3
    Building Size: 2,440 SF
    Lot Size: 0.223 AC
    Land Size: 9,711 SF
    Building $/SF: $752.05
    Land $/SF: $188.96
    Price
    $1,835,000
    Description

    2344 E. Colfax Avenue is a 2,440 square foot building situated on a 9,711 square foot lot and is located at one of the busiest intersections in central Denver. This is a great owner/user or investment opportunity. The property could be delivered 100% leased or 100% vacant. Metro PCS has less than a year left and currently pay $50,000 per year. Subway has the ability to sign a long term lease at the close of escrow.

    Highlights

    Great long-term development hold.

    High traffic corner - Over 30,000 vehicles per day.

    Adjacent to East High School & Denver Community Center.

    Potential redevelopment later on - 8 story zoning.    

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Denver History of Retail Space for Sale

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    Denver Area Market Trends

    Listing Demographics for 2344 East Colfax Avenue Denver, CO 80206

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population34,875212,739481,797
    Population Median Age383837
    Population by Age0-9 Yrs1929 (5%)17238 (8%)50914 (10%)
    10-19 Yrs1383 (3%)13377 (6%)43703 (9%)
    20-29 Yrs9161 (26%)46228 (21%)92780 (19%)
    30-39 Yrs9414 (26%)50834 (23%)102323 (21%)
    40-49 Yrs4100 (11%)26963 (12%)63435 (13%)
    50-59 Yrs3298 (9%)22302 (10%)49471 (10%)
    60-69 Yrs3198 (9%)20081 (9%)43359 (8%)
    70+ Yrs2392 (6%)15715 (7%)35811 (7%)
    Median HH Income$63,964$74,563$68,098
    Total Household Income< 24K3529 (18%)18820 (17%)40896 (18%)
    25-49K3979 (20%)18263 (16%)41283 (18%)
    50-74K3462 (17%)17966 (16%)36147 (16%)
    75-99K2195 (11%)12636 (11%)25645 (11%)
    100-199K4055 (20%)27128 (24%)50251 (22%)
    200K+2205 (11%)14722 (13%)24778 (11%)
    Highest Education LevelNo Diploma8921046238138
    Diploma or GED25771705053037
    Some College38872429754246
    Assoc. Degree1503758617424
    Bachelors Degree1249265076116871
    Higher Degree83994476977296
    Total Housing Units20,815119,208235,925
    --Owner-Occupied6,55646,01199,710
    --Renter-Occupied12,86963,525119,290
    Owner-Occupied Values< 100K1308342491
    100-199K57026179616
    200-299K891535715326
    300-399K949675416520
    400-499K812773115430
    500K+32042271840326
    Total Working Age Population32,068187,808405,139
    In Work Force25,735143,955297,547
    Not In Work Force6,33343,853107,592
    Workforce Employed24,934138,512285,234
    Workforce Unemployed7975,37212,115
    Civlian Workforce25,730143,884297,350
    Military Workforce571198
    Total Households19,425109,535219,000
    Family Households5,48438,96895,292
    Non-Family Households13,94170,568123,708
    Married Couple4,38829,46067,303
    Other Family1,0979,50827,989
    Married w/Child1,32710,13727,519
    Single Male w/Child1801,5993,986
    Single Female w/Child4062,97910,124

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Colorado4,301,261+175,029,196+165,838,181+156,733,658
    Adams County363,857+21441,603+20530,680+21642,318
    Arapahoe County487,967+17572,003+16662,304+13750,773
    Denver County554,636+8600,158+23738,611+12827,681
    Jefferson County527,056+1534,543+10587,118+7626,742

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2344 East Colfax Avenue in Denver?
    The asking price for 2344 East Colfax Avenue is $1,835,000
    What is the building size of this Retail property in Denver, CO?
    The size of the building/unit at 2344 East Colfax Avenue in Denver is 2,440 square feet
    How much land does the Denver, CO property at 2344 East Colfax Avenue include?
    2344 East Colfax Avenue in Denver includes 0.223 acres of land
    What kind of Retail is the propery at 2344 East Colfax Avenue?
    The property at 2344 East Colfax Avenue Denver, CO 80206 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 2344 East Colfax Avenue in Denver?
    The population within 1 mile of 2344 East Colfax Avenue Denver, CO 80206 is 34,875 people.
    Who do I contact for questions about 2344 East Colfax Avenue?
    You should contact the listing agent, Marc Lippitt, for any details regarding this commercial listing.

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    333 South Colorado Boulevard, Denver, CO $1,415,000 1980 0.08
    6700 East Colfax Avenue, Denver, CO $1,650,000 7443 0.45

    Closest Commercial Airports

    Airport Distance (mi)
    Denver International Airport (DEN) 17
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 337
    Rick Husband Amarillo International Airport (AMA) 360
    Price
    $1,835,000
    Listing Agent
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