1809-1815 North Circle Dr - Retail FOR SALE


Colorado Springs, CO 80909- Knob Hill
$2,000,000 USD
719-759-9935
1809-1815 North Circle Dr, Colorado Springs, CO for Sale
$2,000,000 USD
Retail - FOR SALE
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1809-1815 North Circle Dr
Colorado Springs, CO 80909
Knob Hill


OVERVIEW

**6,360 SF Retail Investment Property with Drive-Through in Colorado Springs** Available for sale at **1809–1815 North Circle Drive, Colorado Springs, CO 80909**, this approximately **6,360-square-foot retail property** offers an investment or owner-user opportunity along the highly traveled North Circle Drive commercial corridor. The single-story building sits on approximately **0.72 acres** and features an existing **drive-through**, flexible retail and office suites, and approximately **30 surface parking spaces**. The drive-through configuration may support restaurant, beverage, financial, medical, retail, or service-oriented concepts, subject to zoning and applicable approvals. Currently configured as a multi-tenant property, the building is approximately **63% leased**, offering existing income with potential owner-user or lease-up opportunities. Its **MX-M zoning** allows office and retail uses, providing flexibility for investors, operators, and future occupants. **Location and Accessibility** The property offers direct access to **North Circle Drive and Constitution Avenue**, creating convenient entry for customers, employees, and delivery vehicles. North Circle Drive provides connections to **Palmer Park Boulevard, East Platte Avenue/US Highway 24, Fillmore Street, and other major Colorado Springs thoroughfares**. The location benefits from approximately **11,795 vehicles per day near North Circle Drive and Constitution Avenue** and approximately **25,014 vehicles per day near North Circle Drive and Palmer Park Boulevard**. This traffic exposure, combined with prominent corridor visibility and convenient access, supports retail recognition and customer convenience. The property is also located within a designated **Opportunity Zone**, which may provide potential tax advantages for qualifying investments. Buyers should consult qualified tax and legal advisors to determine eligibility and applicable benefits. **Property Highlights** * Address: 1809–1815 North Circle Drive, Colorado Springs, CO 80909 * Available for sale * Approximately 6,360-square-foot retail building * Approximately 0.72-acre site * Existing drive-through * Multi-tenant configuration * Approximately 63% leased * Potential investment or owner-user opportunity * MX-M zoning for office and retail uses * Approximately 30 surface parking spaces * Direct access to North Circle Drive and Constitution Avenue * Approximately 11,795 vehicles per day near Constitution Avenue * Approximately 25,014 vehicles per day near Palmer Park Boulevard * Located within a designated Opportunity Zone * Potential restaurant, retail, office, medical, financial, or service uses, subject to approval **Frequently Asked Questions** **Where is the commercial property located?** The property is located at 1809–1815 North Circle Drive, Colorado Springs, CO 80909, along the North Circle Drive commercial corridor near Constitution Avenue. **Is the property available for sale or lease?** The entire property is offered for sale. Individual retail and office suites may also be available for occupancy. **How large is the building?** The single-story commercial building contains approximately 6,360 square feet. **How large is the site?** The building sits on approximately 0.72 acres. **Does the property have a drive-through?** Yes. The property includes an existing drive-through, providing valuable functionality for restaurant, beverage, financial, retail, or service-oriented businesses, subject to approval. **Is the property currently occupied?** The multi-tenant building is approximately 63% leased, offering existing income and potential lease-up or owner-user opportunities. **What is the property’s zoning?** The property is zoned MX-M, which accommodates office and retail uses. Buyers and occupants should independently verify that their intended use is permitted. **How much parking is available?** The property provides approximately 30 surface parking spaces. **What are the surrounding traffic counts?** Traffic counts are approximately 11,795 vehicles per day near North Circle Drive and Constitution Avenue and approximately 25,014 vehicles per day near North Circle Drive and Palmer Park Boulevard. **Is the property located in an Opportunity Zone?** Yes. The property is located within a designated Opportunity Zone. Potential tax treatment depends on the investment structure and current regulations, so investors should consult their tax and legal advisors. **What types of users could occupy the property?** Potential users may include restaurants, coffee or beverage concepts, retailers, professional offices, medical providers, financial services, and other service-oriented businesses, subject to zoning and applicable approvals.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

MX-M

APN/PARCEL ID

64033-22-005

ASK ABOUT THIS PROPERTY

Jason CastroPeak Commercial PropertiesMore Info
719-759-9935

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Jason CastroPeak Commercial PropertiesMore Info
719-759-9935

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