Map of Property

8828 E Colfax Avenue

For Sale

8828 E COLFAX AVENUE, Denver, CO 80220

This Denver property for sale is located at 8828 E COLFAX AVENUE. The current listed sale price for 8828 E Colfax Avenue is $1,095,000. 8828 E Colfax Avenue is situated on a lot that is 0.14 acre in size.

Contacts

broker
Brandon Langiewicz

Hoff & Leigh

broker
Katie Martineau

Hoff & Leigh

Property Details

  • Property Type Other
  • Property Size 4,188 SF
  • Lot Size 0.14 Acre
  • Cap Rate % 13.59
  • Additional Rent Contact for pricing
  • Date Updated Dec 12, 2024

Hoff & Leigh proudly presents an opportunity to purchase a 14-unit motel on busy East Colfax. Step into the character and convenience of 8828 E Colfax Avenue in Denver’s East Colfax neighborhood. This opportunity has serious history as part of Colfax Main Street, and it’s a prime spot with easy access to downtown and major roads. The La Rue Motel has endless potential along with many recent upgrades. There is also a billboard on premise, creating additional income. 5 units have kitchenettes, there are manager quarters for an on-site manager, and there have been heavy renovations to the entire property including a new electrical service. 

*Cap Rate – 13.59% *2024 Expected NOI - $148,837.57 *Billboard Income - $3,300 / Year *2023 Property Taxes - $3,331.90

 

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Getting around

  • 78/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 64/100

    Bike Score ®

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Location

  • City Denver, CO
  • Neighborhood East Colfax
  • Zip Code 80220
  • Market Denver

Points of Interest

  • Union Station Light Rail Plaza

    6.36 miles

  • 10th & Osage

    6.43 miles

  • Commerce City & 72nd

    6.72 miles

  • Bakken Motorcars

    8.81 miles

  • 777

    0.07 miles

  • 7-Eleven

    0.48 miles

  • Conoco

    0.99 miles

  • King Soopers Fuel Center

    1.46 miles

  • King Soopers Gas

    1.72 miles

  • ChargePoint

    2.41 miles

  • eVgo

    2.81 miles

  • Tesla Supercharger

    3.29 miles

  • Electrify America

    3.32 miles

  • SemaCharge

    3.57 miles

  • Fletcher Plaza

    0.58 miles

  • Police Academy

    0.63 miles

  • Private Parking

    0.67 miles

  • Guest/Visitor Parking

    0.72 miles

  • Faculty Parking

    1.27 miles

  • FBI Visitor Lot

    1.96 miles

  • Sand Creek Trail

    2.03 miles

  • Central Park Station Park-n-Ride

    2.08 miles

  • La Rue Motel

    0.01 miles

  • Biltmore Motel

    0.05 miles

  • Lazy C Motel

    0.07 miles

  • Motel 9

    0.09 miles

  • Branding Iron Motel

    0.14 miles

  • Riviera Motel

    0.18 miles

  • Ahwahnee Motel

    0.20 miles

  • Red Coach Motor Inn

    0.24 miles

  • Sand & Sage Motel

    0.24 miles

  • 7 Star Motel

    0.27 miles

  • EZ Mart

    0.29 miles

  • India Bazaar Asian Grocery

    0.49 miles

  • Makola African Market

    0.70 miles

  • Walmart Neighborhood Market

    0.94 miles

  • Stanley Marketplace

    0.99 miles

  • Lowe's Mercado

    1.19 miles

  • King Soopers

    1.43 miles

  • Safeway

    1.59 miles

  • El Mercado de Colorado

    1.66 miles

  • Produce Panaderia

    1.67 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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