155 Mount View LnColorado Springs, CO 80907

This exceptional value-add industrial property, located at 155 Mount View Lane in Colorado Springs, Colorado, presents a compelling investment opportunity. The 12,545-square-foot building, constructed in 1985, sits on a 37,864-square-foot lot zoned M1 Industrial Light, offering significant potential. Currently housing three tenants, the property boasts a strong net operating income (NOI) of $134,680, with an asking price of $2,050,000 ($163 per square foot). The building features one structure with four units, including two loading docks and three dock-high doors (8'x10'), plus three drive-in doors (10'x10'). Ceiling height is 16 feet. The property benefits from a fully fenced site and ample parking. Two units are currently available for lease: a 3,429-square-foot unit and a 2,842-square-foot unit priced below market rate. Its central Colorado Springs location provides immediate access to North Nevada Avenue and I-25, making it highly desirable. The property also allows for permissible outdoor storage, catering to a wide range of industrial uses. The high demand for smaller bays (ranging from approximately 2,831 to 3,443 square feet) further enhances its investment appeal. The occupancy date is May 22, 2024.