For Sale
$700,000

947 Tejon St Colorado Springs, CO 80903

Prime South Downtown Location, 2600 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2,600 square foot restaurant space is situated in a prime South Downtown Colorado Springs location, just off I-25 within an Opportunity Zone. The property includes two buildings on a 0.459-acre lot and boasts ample off-street parking—a rare find in this vibrant urban setting. A versatile bar area adds to its appeal, making it suitable for a variety of culinary concepts. The sale includes all furniture, fixtures, and equipment (FF&E), simplifying the transition for new owners. A transferable hotel and restaurant liquor license is also included. An additional, undeveloped 0.23-acre lot (937 S. Tejon St.) with a separate utility meter presents significant expansion potential, allowing for increased parking or additional building space. The property is zoned FBZ-T1. Prospective buyers also have the option to acquire a long-established Italian restaurant business for an additional cost. Showings are available on Sundays and Mondays only. This presents a compelling investment opportunity in a rapidly growing area. The asking price is $700,000.

Highlights

  • Prime I-25 & S. Tejon St. location.
  • Situated in an Opportunity Zone.
  • Transferable liquor license included.
  • Ample off-street parking available.
  • Option to acquire established Italian restaurant business (separate cost).
  • Additional 0.23-acre undeveloped lot with separate utilities.

Property Details for 947 Tejon St

Property type
Retail properties, Restaurants
Square Feet
2,600 SF
Buildings
2
Lot Size (sq. ft)
19,994 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8200755
Longitude
-104.8239475

FAQs

What type of property is this?
Retail property - Prime South Downtown Location, 2600 SF
Where is the retail property located?
The property is located at 947 Tejon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime I-25 & S. Tejon St. location.; Situated in an Opportunity Zone.; Transferable liquor license included.
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.
How do I access a private listing?
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947 Tejon St
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