x
Views
Address
5091 East Colfax Avenue Denver, CO
Price
$ 2,200,000
Property Attributes
  • MLS#3231811
  • TypeIncome
  • CountyDENVER
  • CityDenver
  • NeighborhoodSouth Park Hill
  • Zip80220
  • Style
  • Year Built1950
  • Taxes18988
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8162
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Brokers Guild Homes
Property Description

From a former jazz club to ethnic cuisine, you could own a piece of Denver history on the Colfax corridor. This is a highly sought commercial, mixed-use investment property. Currently leased with an event center/restaurant/cafe complete with commercial kitchen, outdoor patio and basement storage. There is a historic jazz mural inside. Two second floor condos provide additional income.

Price History
9/11/2019 Listed $2,500,000
10/14/2019 12% - $2,200,000

General Features

Business Type Mixed Use, Restaurant
Capitalization Rate 3.00
Features Commercial Improvements, Restaurant
Latitude 39.740408
Longitude -104.928859
Neighborhood South Park Hill
Owner Paid Utilities Insurance, Property Tax
Parcel Number 1314-34-051
Property Sub Type Commercial
Property Type Income
Status Active
Tax Amount 18988.00
Tenant Paid Utilities Electricity, Gas, Internet, Phone, Television, Trash, Water
Terms Offered Cash, Conventional
Total Sq Ft 8162
Transaction Type For Sale
Year Built 1950
Zoning U-MS-3

Interior Features

Basement Size Partial
Total Units 3

Exterior Features

Exterior Features Deck
Lot Size Acres 0.14
Lot Sq Ft 6100.00
Lot SqFt Range 2000+, 4000+, 6000+
Road Surface Paved Road
Site Features Corner Lot
Utility Metering Common Electric, Common Gas, Common Water
View City View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80220

Price
AVG $1.96M
$2.2M
Taxes
AVG $10,627
$18,988
Visits
AVG 31
9
Year Built
AVG 1954
1950
Walkscore
AVG 74
83
Data Provided by Walkscore ® not using MLS data

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