For Sale
$768,000

1316 Walnut St Colorado Springs, CO 80905

Prime redevelopment opportunity, multi-family potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.87-acre commercial land parcel presents a rare redevelopment opportunity in a highly desirable Colorado Springs location. Situated at 1316 N Walnut St, this property boasts an excellent address just north of Uintah Street and west of I-25, offering convenient access to downtown (five minutes away) and major transportation arteries. The current zoning is R-E, PDZ, presenting potential for rezoning to accommodate a variety of residential projects. Envisioned uses could include single-family homes, townhomes, duplexes, fourplexes, or multi-family dwellings, subject to necessary approvals. This prime west side location offers significant upside for developers seeking a high-demand area. The property's APN is 7412102019 : 7412102012. An adjacent single-family residential property is also available for separate purchase, adding to the overall development potential. The asking price for this 0.87-acre lot is $768,000. This is a truly unique chance to acquire a significant piece of land in a rapidly growing area of Colorado Springs. Don't miss this chance to capitalize on this prime redevelopment opportunity.

Highlights

  • Prime redevelopment opportunity near I-25 and downtown Colorado Springs.
  • Excellent location on Walnut Street, north of Uintah, west of I-25.
  • Rezoning potential for single-family, townhomes, or multi-family uses.
  • Adjacent single-family home available for separate purchase.

Property Details for 1316 Walnut St

Property type
Land
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8529325
Longitude
-104.8337195

FAQs

What type of property is this?
Land - Prime redevelopment opportunity, multi-family potential.
Where is the land located?
The property is located at 1316 Walnut St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $768,000.
What are key features of this property?
This property features: Prime redevelopment opportunity near I-25 and downtown Colorado Springs.; Excellent location on Walnut Street, north of Uintah, west of I-25.; Rezoning potential for single-family, townhomes, or multi-family uses.
How can I contact the broker?
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1316 Walnut St
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