For Sale
$1,700,000

4609 Austin Bluffs Pkwy Colorado Springs, CO 80918

13,800 SF Vacant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
137
This 13,800 square foot vacant retail building, formerly a Rite Aid pharmacy, is located at 4609 Austin Bluffs Pkwy, Colorado Springs, CO 80918. The asking price is $1,700,000 ($123.19/SF). Situated in a high-traffic area with strong surrounding retail synergies, including Walmart, 7-Eleven, and numerous other national and local businesses. The property benefits from an affluent and dense population within a 5-mile radius, boasting over 245,957 people and nearly $4 billion in consumer spending (according to CoStar analytics). The MX-M zoning allows for a wide variety of uses, including mixed-use, retail, self-storage, quasi-industrial, marijuana stores, gas stations, medical offices, and multi-family residential. The location is proximate to Doherty High School, Carver Elementary School, and is within approximately 3.5 miles of the University of Colorado Colorado Springs, offering multiple traffic drivers and diverse customer bases. This presents a unique opportunity for investors and developers seeking a versatile property in a thriving Colorado Springs market. The property is currently vacant, offering immediate occupancy. The El Paso County location, within a booming MSA, and the city's substantial budget (over $1 billion) further enhance the investment potential.

Highlights

  • 13,800 SF vacant retail building, formerly a Rite Aid, available for $1,700,000 ($123.19/SF).
  • Strong retail synergy with nearby Walmart, 7-Eleven, and other national/local businesses.
  • Affluent area with over 245,957 people and nearly $4 billion in consumer spending within a 5-mile radius (CoStar).
  • MX-M zoning allows for diverse uses including mixed-use, retail, self-storage, quasi-industrial, marijuana stores, gas stations, medical offices, and multi-family residential.
  • High traffic location near Doherty High School, Carver Elementary School, and within 3.5 miles of UCCS.

Property Details for 4609 Austin Bluffs Pkwy

Property type
Retail properties, Drug stores
Square Feet
13,800 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8981837
Longitude
-104.7453144

FAQs

What type of property is this?
Retail property - 13,800 SF Vacant Retail Building
Where is the retail property located?
The property is located at 4609 Austin Bluffs Pkwy Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 13,800 SF vacant retail building, formerly a Rite Aid, available for $1,700,000 ($123.19/SF).; Strong retail synergy with nearby Walmart, 7-Eleven, and other national/local businesses.; Affluent area with over 245,957 people and nearly $4 billion in consumer spending within a 5-mile radius (CoStar).
How can I contact the broker?
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4609 Austin Bluffs Pkwy
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