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Redevelopment Opportunity: Two Adjacent Properties Along E Colfax Avenue Listed for $3.13M
2 min read

Redevelopment Opportunity: Two Adjacent Properties Along E Colfax Avenue Listed for $3.13M

Commercial
Apr 19
/
2 min read

7700-7740 E Colfax Avenue

A unique redevelopment opportunity has emerged on Denver's bustling East Colfax Avenue, as two adjacent properties between Syracuse Street and Spruce Street hit the market for a combined price of $3.13 million.

Parcel Map

The first property, located at 7700 Colfax Avenue, houses a single retail building, which is currently occupied by Restaurante El Tamarindo, a popular Honduran eatery.

7700 E Colfax Ave
7700 E Colfax Ave

The second property, located at 7740 E Colfax Avenue, was previously occupied by Family Dollar. Since its closing in 2022, Marley Liquor has been the sole tenant of the building.

7740 E Colfax Ave
7740 E Colfax Ave

Both properties are strategically positioned near key Denver areas, such as downtown Denver, Stanley Marketplace, Aurora, Lowry, and the renowned Anschutz Medical Campus.

This prime location makes the site perfect for a mixed-use redevelopment project aiming to attract a wide array of tenants, including students, medical professionals, and local residents.

Currently, the properties are zoned E-MS-3, which permits mixed-use development up to 3 stories. However, we expect a potential developer to request a zoning change to 5 stories similar to newly developed mixed-use buildings along the corridor.

For more information, contact Unique Properties brokers:

Michael Destantis (303) 512-1194 or Brett MacDougall (303)512-2736

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Redevelopment Opportunity: Two Adjacent Properties Along E Colfax Avenue Listed for $3.13M
2 min read

Redevelopment Opportunity: Two Adjacent Properties Along E Colfax Avenue Listed for $3.13M

Commercial
Apr 19
/
2 min read

7700-7740 E Colfax Avenue

A unique redevelopment opportunity has emerged on Denver's bustling East Colfax Avenue, as two adjacent properties between Syracuse Street and Spruce Street hit the market for a combined price of $3.13 million.

Parcel Map

The first property, located at 7700 Colfax Avenue, houses a single retail building, which is currently occupied by Restaurante El Tamarindo, a popular Honduran eatery.

7700 E Colfax Ave
7700 E Colfax Ave

The second property, located at 7740 E Colfax Avenue, was previously occupied by Family Dollar. Since its closing in 2022, Marley Liquor has been the sole tenant of the building.

7740 E Colfax Ave
7740 E Colfax Ave

Both properties are strategically positioned near key Denver areas, such as downtown Denver, Stanley Marketplace, Aurora, Lowry, and the renowned Anschutz Medical Campus.

This prime location makes the site perfect for a mixed-use redevelopment project aiming to attract a wide array of tenants, including students, medical professionals, and local residents.

Currently, the properties are zoned E-MS-3, which permits mixed-use development up to 3 stories. However, we expect a potential developer to request a zoning change to 5 stories similar to newly developed mixed-use buildings along the corridor.

For more information, contact Unique Properties brokers:

Michael Destantis (303) 512-1194 or Brett MacDougall (303)512-2736