117 Las Vegas StColorado Springs, CO 80903

Property Details for 117 Las Vegas St

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.52 AC

Property size (Sq ft)

18,075 SF

Zone code

FBZ-COR/CR

Property type

Warehouses

Property subtype

Self storage facilities

APN

6419220018

APU

6419220018

Description

This exceptional 18,400 square foot warehouse, located at 117 E Las Vegas St in Colorado Springs, CO 80903, presents a compelling investment opportunity. Priced at $3,900,000 ($211.96/SF), this property boasts a 100% occupancy rate with a remaining lease term of 2 years under a NNN lease structure. The single-tenant building, constructed in 1965, sits on a 1.52-acre lot and is zoned C6, allowing for future development potential. The warehouse features a desirable 15' ceiling height and two loading docks, enhancing operational efficiency. The property's prime location in El Paso County offers excellent access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a well-maintained, high-occupancy warehouse with significant upside potential in a rapidly growing Colorado Springs market. The property's strong financials and flexible zoning make it an ideal addition to any investment portfolio. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $4,525,375

  Hospitality

  $4,145,219

  Educational

  $3,448,774

  Medical

  $3,567,382

  Retail

  $5,364,759

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8179

Longitude

-104.823

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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