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$990,000
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Property Description
3936 W Colfax Avenue sits just two blocks from Sloan's Lake and offers one of the most flexible and visible investment opportunities in Denver. The property includes 4,539 square feet within the Main Street zoning district, which allows a broad range of uses including retail, restaurant, office, live work, or residential. It features prime street-facing frontage along West Colfax for excellent exposure and an attached large garage or warehouse that can be adapted for a commercial kitchen, production facility, or storage. The seller has confirmed the site's potential for residential redevelopment including townhomes or mixed-use housing pending city approval.This property is located within a federally designated Opportunity Zone, offering strong long-term tax benefits and appreciation potential for both investors and owner users. Traffic counts exceed 40,000 vehicles per day, giving the site consistent visibility in one of Denver's most active redevelopment corridors. The area continues to grow with thousands of new apartments and mixed-use projects surrounding Sloan's Lake and West Colfax. The location is walkable to the light rail and just minutes from downtown.Nearby amenities include Odell Brewing Sloan's Lake, Little Man Ice Cream, Tap and Burger, Alamo Drafthouse, and Edgewater Public Market. Sloan's Lake Park, Denver's largest lake, provides walking trails, water recreation, and mountain views only a short walk away. With its unbeatable location, flexible zoning, and strong neighborhood momentum, 3936 W Colfax Avenue stands out as a rare opportunity to own property at the center of Denver's west side growth. Whether the goal is to operate a business, lease the space, or redevelop it, this property offers the visibility, versatility, and long-term upside that make it an exceptional investment.
Full Property Details
Full Property Details for 3936 W Colfax Ave
General
- Price: $990,000
- Taxes: $16,874 (2024)
- Status: Active
- Type: Multi-Family
- Source: IRES
- MLS ID: 1045208
- Updated: 12/17/2025
- Added to Site: 106 day(s) ago
Interior
- Appliances: No Units Furnished
Parking
- Total Spaces: 4
Location
- Area: Denver
- County: Denver
- Subdivision: Colfax Ave Sub
School Information
- School District: Denver District 1
- Elementary School: Colfax
- Middle School: Lake
- High School: North
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: Xcel
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Roof: Rubber
- Square Feet: 4,539
- Sq. Ft. Source: Assessor
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Fence: Yes
- Potential Use: Multi-Family, Business, Commercial, Industrial
- Zoning: U-MS-3
- Fencing (Description): Partial
Financial Considerations
- Operating Expenses: $19,374
- Tax Amount: $16,874
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: None
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Sellers Personal Property
- Property ID: 5061-04-031
Listed by Symbio (720) 955-7770
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Schools
Schools serving 3936 W Colfax Ave
School District:Denver County School District 1
| Name | Grades | Distance |
|---|---|---|
Colfax Elementary School 1526 Tennyson Street, Denver, CO 80204 | K-5 | 0.3 mi |
Strive Prep - Lake Campus 1820 Lowell Boulevard, Denver, CO 80204 | 6-8 | 0.5 mi |
Lake Middle School 1820 Lowell Boulevard, Denver, CO 80204 | 6-8 | 0.5 mi |
North High School 2960 North Speer Boulevard, Denver, CO 80211 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3936 W Colfax Ave
Date
Details
Price
Change
Source
10/07/2025
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3936 W Colfax Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,874
2%
$213,050
—
2023
$16,508
9%
$213,050
5%
2021
$15,097
28%
$202,330
27%
2020
$11,802
3%
$159,070
—
2019
$11,471
19%
$159,070
27%
2018
$9,661
—
$124,870
—
2017
$9,632
57%
$124,870
66%
2016
$6,127
4%
$75,140
—
2015
$5,870
5%
$75,140
12%
2014
$5,564
—
$66,990
—
2013
$5,566
—
$66,990
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3936 W Colfax Ave
3936 W Colfax Ave, Denver, CO 80204 (MLS# 1045208) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 3936 W Colfax Ave is currently listed for $990,000 and was received on October 07, 2025. Want to learn more about 3936 W Colfax Ave? Do you have questions about finding other Multi-Family real estate for sale in Denver? You can browse all Denver real estate or contact a Coldwell Banker agent to request more information.

