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606 W Colfax Ave 0.31 Acres of Commercial Land Offered at $1,900,000 in Denver, CO 80204

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INVESTMENT HIGHLIGHTS

  • Grandfathered drive-thru
  • Directly across from Convention Center
  • Flexible site that can be utilized for a high density mixed-use development or repurposed as drive thru retail
  • Highly permissive D-GT Zoning
  • Surrounded by high-density developments, local and state government office buildings
  • Owner willing to consider Build-to-Suit for retail reposition/redevelopment

EXECUTIVE SUMMARY

Henry Group is pleased to present 606 W Colfax Avenue for sale, an exclusive offering on behalf of MidWestOne Bank. Positioned at the gateway to Downtown Denver, the property sits in the vibrant Golden Triangle—one of the city’s fastest-evolving mixed-use districts. Just south of the CBD, this walkable location places future owners steps from nearly 10,000 hotel rooms, 300 dining options, abundant retail, government centers, and major downtown employers.
Zoned D-GT, the site supports a range of redevelopment paths, from a drive-thru use to a mixed-use structure up to 66 feet tall, subject only to the State Capitol view plane. High traffic volumes along West Colfax Avenue provide exceptional visibility and access. The existing 1,226 SF building, formerly a drive-thru bank, includes office space and two drive-thru bays—offering immediate utility and long-term flexibility for a buyer’s vision.

PROPERTY FACTS

Price $1,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Fast Food
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.31 AC
Zoning D-GT

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $6,137,486.15
Lot Size 0.31 AC

The land, (13,500 SF), is located on the edge of downtown Denver in the booming Golden Triangle submarket. Highly permissive D-GT zoning. Flexible site that can be used for Mixed Use development or repurposed as drive-thru retail.

DESCRIPTION

The Property is located on the edge of Downtown Denver in the booming Golden Triangle submarket. This area, just south of Denver’s CBD, is experiencing a wave of high density, mixed-use redevelopment. The site is located within easy walking distance to nearly 10,000 hotel rooms, 300 restaurants, a wide variety of retailers, government facilities and downtown offices. The Property zoning (D-GT) allows for a drive thru or up to a 66’ tall mixed-use structure which is limited only by the State Capitol view plane. The site benefits from very high daily traffic counts along West Colfax Avenue, offering a Buyer many options for redevelopment. The existing structure was last occupied by The Bank of Denver, and consists of 1,226 SF of office space with two (2) drive-thru banking bays.

Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 26992476

  • Date on Market: 10/28/2022

  • Last Updated:

  • Address: 606 W Colfax Ave, Denver, CO 80204

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