- For Sale $1,095,000
- 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
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
78/100
Very Walkable
-
Transit Score ®
51/100
Good Transit
-
Bike Score ®
64/100
Bikeable
- 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
-
Tacos Acapulco
0.02 miles
-
Rico Pollo
0.14 miles
-
Tacos y Salsas
0.16 miles
-
Sun Rise Chinese Food
0.17 miles
-
Los Toritos
0.35 miles
-
Neveria La Mexicana
0.42 miles
-
Taw Win Burmese Food
0.46 miles
-
La Morena
0.52 miles
-
Ranch House Cafe
0.74 miles
-
Mariscos El Rey Estilo Sinaloa
0.90 miles
-
Boston K-8 School
0.27 miles
-
The Logan School
0.58 miles
-
William "Bill" Roberts School
0.59 miles
-
Denver School of Science and Technology
0.64 miles
-
Denver Police Academy
0.65 miles
-
CCCS IT / UNC
0.73 miles
-
Vanguard Classical School
0.74 miles
-
Lowry Montessori School
0.78 miles
-
CCD Dental Hygiene
0.78 miles
-
Crawford Elementary School
0.79 miles
-
Paddington Station Preschool
1.01 miles
-
Montessori Casa International Preschool
1.52 miles
-
New Horizon Academy
2.31 miles
-
Saint Mark's Preschool
2.32 miles
-
Fitzsimons Early Learning Center
2.93 miles
-
BabyTopia
3.22 miles
-
Children's Chalet Day Care
3.47 miles
-
Three Bears Learning Center
3.49 miles
-
Angels of God Child Day Care
3.56 miles
-
Children's Playland
3.72 miles
Frequently Asked Questions
The space currently listed for sale at 8828 E Colfax Avenue asks for $1,095,000.
8828 E Colfax Avenue totals 4,188 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
