2132 Bijou StColorado Springs, CO 80909

Property Details for 2132 Bijou St

Year built

1959

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.78 AC

Property size (Sq ft)

25,092 SF

Zone code

C6

Property type

Office buildings

APN

6416211020

APU

6416211020

Description

This exceptional Colorado Springs office property, located at 2132 E Bijou St, offers 22,642 square feet of versatile space in a Class B building. Built in 1959, this two-story structure features 19 individual suites, perfect for a variety of businesses. The property boasts a generous lot size of 33,977 square feet and ample parking, with a ratio of 4 spaces per 1000 square feet. Currently, 17,906 square feet are available for lease, with suites ranging from a minimum of 407 square feet to a maximum contiguous space of 2,824 square feet. The flexible layout allows for multiple tenancy options, catering to businesses of various sizes. The property is zoned MX-L and situated in El Paso County, Colorado, with a convenient Colorado Springs address and zip code 80909. This is an excellent opportunity to secure prime office space in a well-established location. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and maximizing operational efficiency. The ample parking ensures convenient access for employees and clients alike. This property presents a unique chance to establish a thriving business in a desirable Colorado Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,488,478

  6.5%

  $5,066,288

  7%

  $4,704,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,073,101

  Geo Method

  $2,073,101

• Alternative Use

  Use

  Valuation

  Residential

  $6,282,197

  Hospitality

  $5,754,458

  Educational

  $4,787,642

  Medical

  $4,952,296

  Retail

  $7,447,443

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8359

Longitude

-104.789

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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