3936 W Colfax Ave 4,539 SF 36% Leased Retail Building Denver, CO 80204 $990,000 ($218.11/SF) 7% Cap Rate

3936 W Colfax Avenue offers a rare opportunity to own property just two blocks from Sloan’s Lake, one of Denver’s most desirable and fastest-growing neighborhoods. The 3936 W Colfax Avenue offers one of the most versatile investment opportunities in Denver, located just two blocks from Sloan’s Lake in the rapidly transforming West Colfax corridor. The 4,539 square foot building sits on a highly visible stretch of Colfax surrounded by new residential and mixed-use developments, making it a prime location for retail, restaurant, creative office, or redevelopment. The property lies within a federally designated Opportunity Zone, offering investors valuable long-term tax advantages and strong appreciation potential in one of the city’s most active redevelopment areas.
The existing structure includes a unique combination of features that set it apart from typical Colfax properties. It offers street-facing commercial frontage ideal for a retail or restaurant concept, an attached large garage or warehouse space that could be adapted for a commercial kitchen or production facility, and flexible interiors that can be reconfigured for a variety of uses. The zoning allows for a broad range of commercial or mixed-use applications, and the seller has verified that residential construction such as townhomes or multi-unit housing would also be feasible on the site, subject to final design and city approval.
Sloan’s Lake and West Colfax have both experienced major growth over the last decade, with more than 8,000 residents in the Sloan’s Lake neighborhood and thousands of new apartments, condos, and townhomes recently completed or underway. Traffic counts along West Colfax exceed 40,000 vehicles per day, ensuring strong daily visibility for any business or future redevelopment. This corridor’s mix of lifestyle, location, and density continues to attract local operators and national investors alike.
Within walking distance, the property is surrounded by some of Denver’s most recognizable destinations including Sloan’s Tap & Burger, Odell Brewing Sloan’s Lake, Alamo Drafthouse, and Edgewater Public Market. Just down the street, Little Man Ice Cream’s Colfax location brings consistent pedestrian activity and strong neighborhood identity to the corridor. Sloan’s Lake Park, with 177 acres of water, trails, and open space, anchors the community only a short walk away.
3936 W Colfax Avenue provides a rare combination of scale, exposure, and flexibility in an area that continues to redefine Denver’s west side. Whether activated as a restaurant, retail space, brewery, studio, or creative office, or redeveloped into a residential or mixed-use project, this property offers the location and adaptability to support nearly any vision. With its prime proximity to Sloan’s Lake, high traffic counts, and Opportunity Zone status, it represents one of the few remaining chances to own a property with true long-term upside along one of Denver’s most historic and fastest-evolving corridors.