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1480 Elm St
Denver, CO 80220
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,283 SF
Building Class
C
Year Built/Renovated
1932/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.28 AC
Zoning
U-MS-3
Frontage
125’ on Colfax Avenue

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

PROPERTY TAXES

Parcel Number
6061-06-001
Land Assessment
$192,510
Improvements Assessment
$10,600
Total Assessment
$203,110
  • Listing ID: 16053283

  • Date on Market: 5/15/2019

  • Last Updated:

  • Address: 1480 Elm St, Denver, CO 80220

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