For Sale
$1,195,000

307 Arvada StColorado Springs, CO 80905

Prime I-25 location, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property, located at 307 E Arvada St, Colorado Springs, CO 80905, presents a compelling investment opportunity. The 1,488 square foot, single-story building, renovated in 2014, boasts a creative office layout featuring a showroom and three dedicated offices. The property includes 70 parking spaces and sits on a sizable 0.76-acre lot, offering significant potential for various uses. Currently occupied by a tenant under a two-year lease at $9,000 per month, escalating to $9,900 in the second year, this property also generates an additional $2,000 monthly income from a highway traffic camera. The building features energy-efficient LED lighting throughout. Zoned C5 CU, this versatile space is ideal for a variety of businesses, including auto dealerships, storage facilities, or construction companies. The property's high visibility and convenient I-25 access make it an exceptional investment. The asking price is $1,195,000, representing a price per square foot of $803.09. This is a single-unit, Class C building with 100% occupancy. The property consists of two adjacent lots combined into one.

Highlights

  • $1,195,000 asking price for a 1,488 SF creative office building in Colorado Springs, CO.
  • Mixed-use, Class C property with 100% occupancy and a single tenant.
  • Located at 307 E Arvada St, Colorado Springs, CO 80905, on a 0.76-acre lot with 70 parking spaces.
  • Features include a showroom, three dedicated offices, and a bullpen/trade staging area.
  • Currently leased for $9,000/month, increasing to $9,900/month in year two, plus $2,000/month from a highway traffic camera.
  • Renovated in 2014, zoned C5 CU, and offers excellent I-25 exposure.

Property Details for 307 Arvada St

Property type
Office properties, Office space
Square Feet
1,488 SF
Class
C
Year Renovated
2014
Buildings
1
Stories
1
Lot Size (sq. ft)
33,106 SF
Units
1

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.813982764029
Longitude
-104.82013263975
307 Arvada St, Colorado Springs, Colorado

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307 Arvada St
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