128 S Tejon St - Office FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$4,990,000 USD
719-322-3078
128 S Tejon St, Colorado Springs, CO for Sale
$4,990,000 USD
Office - FOR SALE
1/32
null | Request Cap Rate

128 S Tejon St
Colorado Springs, CO 80903
Downtown Colorado Springs


HIGHLIGHTS

  • Irreplaceable historic architecture originally developed as the Alamo Hotel in 1886.
  • Compelling value-add investment opportunity with the building currently 54% leased.
  • Home to MacKenzie's Chop House, a longstanding and well-known dining destination since 1997.
  • Premier location along the primary pedestrian and commercial corridor.

OVERVIEW

Downtown Owner-User Opportunity or Value-Add with Existing Income. 128 S. Tejon Street presents a rare opportunity to acquire one of Downtown Colorado Springs' most distinctive and historically significant commercial properties. Known as the Historic Alamo Building, the property combines irreplaceable architecture, established tenancy and a premier Tejon Street address with a compelling value-add investment opportunity in the heart of the city's downtown core.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,730 SF

ZONING

FBZ-CEN

APN/PARCEL ID

64183-02-015

ASK ABOUT THIS PROPERTY

David SchroederCushman & Wakefield | Colorado Springs CommercialMore Info
719-322-3078

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David SchroederCushman & Wakefield | Colorado Springs CommercialMore Info
719-322-3078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.