219 Colorado AveColorado Springs, CO 80903

Property Details for 219 Colorado Ave

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

2,500 SF

Zone code

FBZ-CEN

Property type

Office properties

Property subtype

Office buildings

APN

6418404028

APU

6418404028

Description

The Trestle Building, a historic 1884 office condo located at 219 W Colorado Ave in the heart of Downtown Colorado Springs' Arts District, offers a unique opportunity. This property boasts 2,679 total square feet, with 1,176 square feet currently vacant and ready for immediate occupancy. The building is zoned M2 SS CU and situated conveniently along the railroad tracks on the west side of downtown. The available space is ideal for executive offices, providing a prestigious address in a vibrant, culturally rich neighborhood. Ample surface parking is available with 40 spaces provided for tenants and guests. This is a rare chance to acquire space in a well-established building with character and charm, offering a blend of historical significance and modern convenience. The building's executive office subtype caters to businesses seeking a sophisticated and professional environment. The property is located in El Paso County, Colorado, zip code 80903. This prime location offers easy access to local amenities, cultural attractions, and transportation links. Don't miss this chance to secure your business's future in this exceptional downtown Colorado Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $546,836

  6.5%

  $504,771

  7%

  $468,716

• Comparable approach

  Method

  Valuation

  Relative Method

  $206,550

  Geo Method

  $206,550

• Alternative Use

  Use

  Valuation

  Residential

  $625,916

  Hospitality

  $573,336

  Educational

  $477,009

  Medical

  $493,414

  Retail

  $742,014

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8322

Longitude

-104.821

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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