For Sale
$1,400,000

2100 Platte Ave Colorado Springs, CO 80909

High-potential Colorado Springs property.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use investment opportunity in Colorado Springs, Colorado, encompasses four lots totaling 0.54 acres and boasts 11 existing buildings, plus a large vacant lot. The property is strategically located on Platte Avenue, a major thoroughfare, ensuring high visibility and accessibility. The zoning (MX-L) allows for diverse uses, maximizing investment potential. Key features include a 2,155 sq ft bar and restaurant (Vultures Bar and Restaurant) situated at the corner of Platte and Iowa Avenues. Additionally, there are six cottages, a three-unit apartment building, and an office/apartment building, all offering significant renovation or redevelopment potential. A substantial 2,225 sq ft retail building facing Platte Avenue benefits from considerable daily drive-by traffic. Finally, a large vacant lot (11,979 sq ft) at the rear of the property provides ample space for future expansion or development. The asking price is $1,400,000. This property presents a unique chance to capitalize on a prime location and diverse existing structures in a thriving Colorado Springs market. The combination of established businesses and significant development potential makes this an attractive investment for discerning buyers.

Highlights

  • 1) Mixed-use investment opportunity in Colorado Springs, CO, encompassing four lots totaling 0.54 acres with eleven existing buildings and a large vacant lot. $1,400,000 asking price.
  • 2) Vultures Bar & Restaurant (2,155 sq ft) located at Platte & Iowa Avenues.
  • 3) Six cottages, a three-unit apartment building, and an office/apartment building, offering renovation or redevelopment potential.
  • 4) 2,225 sq ft retail building facing Platte Avenue, plus a 11,979 sq ft vacant lot.

Property Details for 2100 Platte Ave

Property type
Specialty properties, Retail properties
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.837136261528
Longitude
-104.78975942835

FAQs

What type of property is this?
Specialty property - High-potential Colorado Springs property.
Where is the specialty property located?
The property is located at 2100 Platte Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1) Mixed-use investment opportunity in Colorado Springs, CO, encompassing four lots totaling 0.54 acres with eleven existing buildings and a large vacant lot. $1,400,000 asking price.; 2) Vultures Bar & Restaurant (2,155 sq ft) located at Platte & Iowa Avenues.; 3) Six cottages, a three-unit apartment building, and an office/apartment building, offering renovation or redevelopment potential.
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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2100 Platte Ave
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