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1480 Elm St
Denver, CO 80220
Retail Property For Sale

PROPERTY FACTS
- 125’ on Colfax Avenue
- 628’ on ELM ST
AMENITIES
- Fenced Lot
ABOUT 1480 ELM ST , DENVER, CO 80220
As exclusive advisor, Marcus & Millichap is pleased to present the opportunity to acquire 5000 East Colfax, a 6,283 square-foot mixed-use property located in the middle of the newly revitalized East Colfax Corridor in Denver, Colorado. The property is currently unoccupied, providing a unique re-position opportunity for an investor or owner/user. The building can easily be configured to accommodate single or multiple tenants. 5000 East Colfax is situated at a highly visible corner of East Colfax Avenue and North Elm Street. The property is situated on the hard corner and enjoys the benefits of a signalized intersection and heavy traffic counts of over 30,000 vehicles per day. The immediate retail properties near 5000 East Colfax have experienced outstanding occupancy levels, with only a three percent average vacancy rate. Also situated nearby are a number of desirable amenities including City Park, The Denver Zoo, The Denver Museum of Nature and Science, Rose Medical Center, Presbyterian St. Luke’s Hospital, and the National Jewish Health/Saint Joseph Hospital. One of the last remaining barrel-vaulted buildings in Denver, this landmark building provides a great opportunity for indoor-outdoor vibrancy and access in the heart of the Elm District. The Property offers historical stability of cash flow with minimal management along with future upside in growing lease rates in a supply constrained market.
PROPERTY TAXES
| Parcel Number | 6061-06-001 | Improvements Assessment | $10,600 |
| Land Assessment | $192,510 | Total Assessment | $203,110 |
PROPERTY TAXES
Listing ID: 16053283
Date on Market: 5/15/2019
Last Updated:
Address: 1480 Elm St, Denver, CO 80220
The Hale Retail Property at 1480 Elm St, Denver, CO 80220 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
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