4115 & 4151 East Colfax Avenue

The ever-evolving East Colfax Avenue may soon see another transformation as two adjacent properties, located at 4115 and 4151 E Colfax Ave, present intriguing redevelopment potential.

Situated between Albion Street and Bellaire Street, these single-story buildings are now available as a package deal for $9.31 million, offering the chance for either a new local business or a more comprehensive mixed-use project.

The freestanding building at 4115 E Colfax, which spans 3,496 square feet, is currently on the market for sale or lease.

Previously a BBVA bank branch, the structure still has its drive-thru window and retains a layout suitable for banking.

However, with recent interest in creating a more dynamic retail space, the building is being marketed as an ideal spot for a restaurant, coffee shop, or fast-casual chain.

The existing drive-thru infrastructure offers convenience for any new food service operator looking to cater to the busy East Colfax crowd.

Originally, a concept plan for a tunnel car wash was proposed in 2023, but this idea was eventually shelved.

Now, the property’s flexibility as a potential neighborhood café or quick-service restaurant makes it a valuable opportunity for local entrepreneurs seeking a foothold in Denver’s bustling retail scene.

The adjacent property, 4151 E Colfax, currently houses SafeSplash Swim School. This site adds further appeal to the package, especially for developers considering a larger-scale project.

Together, 4115 and 4151 E Colfax provide a full-block development opportunity, making them a prime target for a multifamily or mixed-use project.

In addition to ample space, the property holds nostalgic appeal, as 4151 E Colfax was once a bustling Blockbuster video rental store, adding a touch of Denver history to its potential for future use.

The big question remains: will 4115 E Colfax be transformed into a local eatery or café, or will both properties be sold as an assemblage for a large-scale redevelopment?

For the East Colfax corridor, which has seen a variety of new projects and revitalizations, both options could be beneficial.

Local residents may appreciate a new business that caters to the neighborhood’s needs, while a mixed-use development could contribute to Colfax’s growing reputation as a commercial and residential hub.

With various possibilities on the table, it remains to be seen what direction these properties will ultimately take.