For Sale
$595,000

2660 Willamette Ave Colorado Springs, CO 80909

Profitable Net Lease Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 900 sq ft retail property, situated on a spacious 11,560 sq ft lot in Colorado Springs, CO (2660 E Willamette Ave, 80909), presents a lucrative investment opportunity. Built in 1999, the property boasts a single building with an office and shop space, including an overhead door and garage area, perfectly suited for a variety of commercial uses. The C6 zoning allows for diverse business ventures, making it highly adaptable to changing market demands. Its prime location at the northeast corner of Willamette and Yuma Avenues, just west of Platte Avenue, ensures high visibility and accessibility. A large pylon sign enhances visibility from Platte Avenue, attracting significant attention. The property's current configuration is ideal for uses such as a car lot, contractor lot, RV sales, tire shop, repair shop, or vehicle storage. The asking price is $595,000, offering an attractive 8.40% cap rate. The gross lease structure provides a straightforward and reliable income stream. Ample space exists for potential expansion with the addition of another building. This property represents a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving Colorado Springs market.

Highlights

  • Prime Northeast corner location at Willamette & Yuma, near Platte Avenue.
  • Zoned for a wide variety of commercial uses.
  • Features an overhead door and ample garage space.
  • High-visibility pylon sign on Platte Avenue.
  • Suitable for car sales, contractor yards, RV sales, tire shops, repair shops, or vehicle storage.
  • Expansion potential with room for an additional building.

Property Details for 2660 Willamette Ave

Property type
Retail properties, Auto shops
Square Feet
900 SF
Year Built
1999
Buildings
1

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.84048431
Longitude
-104.77815159

FAQs

What type of property is this?
Retail property - Profitable Net Lease Retail Investment
Where is the retail property located?
The property is located at 2660 Willamette Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime Northeast corner location at Willamette & Yuma, near Platte Avenue.; Zoned for a wide variety of commercial uses.; Features an overhead door and ample garage space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2660 Willamette Ave
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