For Sale
$800,000

1023 Colorado AveColorado Springs, CO 80904

Prime Colorado Springs location, high visibility, two units.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 1023 W Colorado Ave in Colorado Springs, CO 80904, presents a unique investment opportunity. The 2,475 square foot building, constructed in 1974, sits on a 6,970 square foot lot and is zoned C5. It features two units, each configured with an open reception area, private offices, and a conference room. Unit 1023 boasts four custom workstations. An ideal setup for a single owner-user seeking additional income, or an investor looking for a strong return. The property benefits from excellent visibility on Colorado Avenue, with convenient proximity to downtown and numerous restaurants. Parking is provided by an oversized one-car garage and additional off-street spaces in the rear. The connecting interior door between the units offers flexibility and efficiency. The asking price is $800,000, translating to $323.23 per square foot. This is a rare opportunity to acquire a well-located, versatile property in a thriving Colorado Springs market.

Property Details for 1023 Colorado Ave

Property type
Retail properties, Office properties
Square Feet
2,475 SF
Year Built
1974
Buildings
1
Stories
1
Units
2

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.835401125422
Longitude
-104.84247292348
1023 Colorado Ave, Colorado Springs, Colorado

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1023 Colorado Ave
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