3015 Pennsylvania AveColorado Springs, CO 80907

Property Details for 3015 Pennsylvania Ave

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

4,133 SF

Zone code

C5

Property type

Office buildings

APN

6332321014

APU

6332321014

Description

This exceptional 4,133 square foot flex space in Colorado Springs, Colorado presents a unique investment opportunity. Located at 3015 Pennsylvania Avenue, this well-maintained 1979-built property offers a blend of industrial, flex, and office space, ideal for diverse business needs. Situated on two parcels totaling 16,156 square feet, the property provides ample parking and storage, with potential for future development. The building is conveniently located just one block from Fillmore and west of Union Boulevard, offering easy access to I-25. Currently divided into two suites (Suite A: 1,767 SF, Suite B: 2,366 SF), the property offers flexibility for single or multiple tenants. Each suite includes multiple offices, conference rooms, two restrooms, a shower, kitchens, and substantial storage. Suite B also features a garage with an overhead door. On-site outbuildings are also available. The fenced lot provides added security and versatility. This property offers a great location with easy access to major thoroughfares and the potential for multiple income streams, making it an attractive investment for discerning buyers. The asking price is $895,000, with a price per square foot of $216.55.

• CAP approach

  CAP return

  Valuation

  6%

  $904,028

  6.5%

  $834,488

  7%

  $774,882

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,468

  Geo Method

  $341,468

• Alternative Use

  Use

  Valuation

  Residential

  $1,034,765

  Hospitality

  $947,839

  Educational

  $788,591

  Medical

  $815,712

  Retail

  $1,226,697

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8749

Longitude

-104.805

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].