Colon Street (Cebuano: Dalan Colon, Filipino: Daang Colon, Spanish: Calle Colón; Tagalog pronunciation: [koˈlɔn], Spanish pronunciation: [koˈlon]) is a historical street in Cebu City. Located in the city's downtown, Colon Street is often called the oldest and shortest national road in the Philippines. It is named after Cristóbal Colón (Christopher Columbus). Built in 1565, the street traces its origins to Miguel Lopez de Legazpi, the Spanish conquistador who arrived in the Philippines to establish a colony in the 16th century and eventually developed the street under his leadership.

Colon, crowded and a bit run-down now, was the site of fashionable shops, offices, and movie houses. It was once the heart of Cebu City's shopping and business activity. Beginning in the early 1990s, much of this activity has shifted to the more modern, bigger, and diverse commercial and business districts now spread in almost all of the urban areas of Cebu in what was considered residential and leisure settlements.

In 2006, the Cebu City Council proposed a plan to close parts of Colon Street from vehicular traffic and convert it into a tourism zone. However, this proposal received opposition from businessmen and motorists due to concerns about security and parking spaces.

In 2007, the Colon Night Market, which aims to revive Colon as a vibrant commercial hub, was launched. The night market runs multiple times throughout the year, most notably during the Filipino Christmas season from September to December until the Sinulog celebrations in January of the following year. Since its launch, the night market has run yearly with the exemption of 2020 and 2021 due to the COVID-19 pandemic.