401 Fillmore StColorado Springs, CO 80907

Property Details for 401 Fillmore St

Year built

1948

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.57 AC

Property size (Sq ft)

28,258 SF

Zone code

M1 CU

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

6331423026

APU

6331423026

Description

Exceptional investment opportunity in Colorado Springs, Colorado, featuring a portfolio of four industrial warehouse buildings totaling 90,220 square feet on a 7.34-acre lot. This fully occupied, multi-tenant property boasts a strong 8.22% capitalization rate and an attractive price per square foot of $73.12. The asking price is $6,600,000. The property is zoned M1 CU and includes four buildings with individual square footages as follows: 401 E Fillmore St (28,258 sq ft), 417 E Fillmore St (20,888 sq ft), 423-425 E Fillmore St (31,271 sq ft), and 2930 N El Paso St (9,000 sq ft). The property's prime location in Colorado Springs, with addresses at 401, 417, 423-425 E Fillmore St and 2930 N El Paso St, offers excellent access to major transportation routes and a thriving industrial market. The property's strong occupancy rate and consistent cash flow make it an ideal addition to any investment portfolio. Parcel numbers are 6331423026, 6331423027, and 6331423013. This is a rare opportunity to acquire a high-performing industrial asset in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $7,074,858

  Hospitality

  $6,480,532

  Educational

  $5,391,726

  Medical

  $5,577,156

  Retail

  $8,387,130

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8733

Longitude

-104.815

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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