118 Tejon StColorado Springs, CO 80903

This exceptional 34,171 square foot, four-story office building, constructed in 1897, presents a unique investment opportunity in the heart of downtown Colorado Springs, Colorado. Currently 93% occupied, the property boasts a desirable multi-tenant configuration with Oskar Blues occupying the ground floor and basement. Smaller tenants occupy upper suites, leaving the entire fourth floor available for potential owner-occupancy. The building features upgraded Pella windows throughout and LED lighting installed in 2017, enhancing energy efficiency and aesthetics. Located at 118 N Tejon St, 80903, this Class C building benefits from its prime location near the I-25 and Bijou Street exit, offering unparalleled walkability to the city's vibrant retail corridor. Ample parking is readily accessible via numerous public and private lots, including a city-owned garage just one block away. The property is zoned FBZ-T1 and features abundant natural light. Below-market leases present a significant value-add opportunity for the astute investor. Financial details are available upon request and execution of a confidentiality agreement. The asking price is $4,250,000, translating to $124.37 per square foot. The property's APN is 6418210010. This is a gross lease property.