For Sale
$600,000

1202 Academy Blvd Colorado Springs, CO 80909

High-traffic corner lot, auto shop, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
137
This 361-square-foot vacant auto shop, built in 1970, sits on a prime corner lot at the intersection of N. Academy Boulevard and Uintah Street in Colorado Springs, Colorado (zip code 80909). Boasting excellent visibility with approximately 45,000 vehicles passing daily, this property presents a unique investment opportunity for owner-users or redevelopment. Located within both an Opportunity Zone and the Pikes Peak Enterprise Zone, it offers significant development potential and potential tax incentives. The flexible MX-M zoning allows for a variety of commercial uses. The asking price of $600,000 reflects a discount to a Q2 2024 appraisal. Seller financing is available for qualified buyers. This single-story building (APN: 6410116017) offers easy right-in access from N. Academy Blvd and shares an access easement with the adjacent property at 1222 N Academy Blvd, which is also available for purchase ($700,000). This high-growth retail corridor presents a compelling opportunity for businesses seeking high visibility and strong traffic counts. The property is currently vacant and ready for immediate occupancy or redevelopment.

Highlights

  • Owner-user or redevelopment opportunity for car dealership or quick-service retail.
  • List price discounted to Q2 2024 appraisal.
  • Seller financing available.
  • Adjacent corner property at 1222 N Academy Blvd also available for purchase ($700,000).
  • Prime corner lot at N. Academy Blvd & Uintah St, Colorado Springs (80909), with 45,000 vehicles per day (VPD).

Property Details for 1202 Academy Blvd

Property type
Retail properties, Auto shops
Square Feet
361 SF
Year Built
1970
Buildings
1
Stories
1
Units
1

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8487415
Longitude
-104.7578139

FAQs

What type of property is this?
Retail property - High-traffic corner lot, auto shop, vacant.
Where is the retail property located?
The property is located at 1202 Academy Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Owner-user or redevelopment opportunity for car dealership or quick-service retail.; List price discounted to Q2 2024 appraisal.; Seller financing available.
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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1202 Academy Blvd
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