4747 W Colfax Ave
Lodge/ Event space with parking suitable for Mixed Use redevelopment
Marketing description
4747 W Colfax is an iconic property in the South Sloan Lake neighborhood. Named after Francis Brown Lowery, a founding member of VFW Post 1, ended his tenure with the founding of Post 501. Today Post 501’s proximity to entertainment, restaurants, shopping and Sloan Lake and Lakewood Dry Gultch Parks, with their walking and bike trails linking to over 185 miles trails through out the front range, makes it an exceptional opportunity to reinvent its future in a whole new way.
Over 2,300 new units have been built in the South Sloan neighborhoodd since 2010. Attainable housing prices and St Anthony’s redevelopment spurred significant changes to the area by attracting higher earning households that resulted in an increase of median income by 250% and driving up home values by 280% between 2010 and 2022.
Investment highlights
- 20,536 SF two story building built in 1981. Open floor plan; bar and kitchens on main floor and second floor connected by dumb waiter. Ample assembly infrastructure perfect for food hall or event space.Uniquely designed iInterior wheelchair accessible ramp.
- Parking Ratio: 3.6:1
- Land Area: 0.94 Acres
- U-MS-5 Zoning uses include: MId-rise multifamily developments up to 5 stories or greater with “incentive zoning” for affordable housing and commercial uses.
- 2024 Households: 11,995
- Population: 27,260
- Median Age: 35.9
- Avg. Household Income: $101,766
- Lighted Intersection at Colfax and Wolff
- Traffic Count Colfax at Wolf: 37,418
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