15500-15618 E Colfax Avenue
Newly assembled 5.04-acre redevelopment site at 15500–15618 East Colfax Avenue in Aurora, Colorado, offered at $2,600,000. The five-parcel assemblage totals 219,660 square feet with direct frontage and strong visibility along one of Aurora's busiest commercial corridors, positioned between the I-225 interchange and E-470. Zoned MU-C (Mixed-Use Corridor District), the property permits retail, restaurant, office, and multifamily residential development up to 75 feet in height, or 90 feet for projects incorporating affordable housing.
The site commands approximately 30,000 vehicles daily along East Colfax Avenue, a major east-west thoroughfare. Current structures—three small commercial buildings and several mobile homes—are being removed, clearing the way for repositioning to higher and better use. Recent comparable sales along the East Colfax corridor have ranged from $12.94 to $16.77 per square foot, reflecting strong demand for commercial land in this submarket. The property also offers the potential to generate interim income during the predevelopment period.
- 5.04-acre assemblage with 219,660 SF of developable land
- 30,000 daily vehicles on East Colfax Avenue corridor
- MU-C zoning permits retail, restaurant, office, and multifamily uses
- Building heights up to 75 feet (90 feet with affordable housing component)
- Direct I-225 and E-470 access; strong comparable sales activity
Location
15500-15618 East Colfax Avenue offers a significant 5.04-acre redevelopment opportunity along one of Aurora’s busiest commercial corridors. The assemblage consists of five contiguous parcels totaling approximately 219,660 square feet, featuring direct frontage and strong visibility along East Colfax Avenue between the I-225 interchange and E-470. With approximately 30,000 vehicles passing the site daily and MU-C: Mixed-Use Corridor District zoning, the property provides flexibility for a variety of future developments, including retail, restaurant, office, and multifamily residential uses, with permitted building heights of up to 75 feet, or 90 feet for projects incorporating affordable housing. The property currently includes three small commercial structures and several mobile homes that are being removed, allowing the site to be repositioned for a higher and better use. Strong demand for commercial land along the East Colfax corridor is reflected in recent comparable sales ranging from $12.94 to $16.77 per square foot. The property also offers the potential to generate interim income during the predevelopment period.