2228 W Colorado Ave - Office FOR SALE


Colorado Springs, CO 80904- Old Colorado City
$475,000 USD
719-338-8110
2228 W Colorado Ave, Colorado Springs, CO for Sale
$475,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

NEW


2228 W Colorado Ave
Colorado Springs, CO 80904
Old Colorado City


HIGHLIGHTS

  • Located in the heart of Old Colorado City
  • Very versatile options for residential or commercial use

OVERVIEW

GREAT INVESTMENT, OWNER USER OR COMMERCIAL PROPERTY IN THE HEART OF OLD COLORADO CITY- Recently updated (including a new sewer line)with lots of extra parking-Walking distance to shopping, restaurants, worship centers, schools, and parks- Front and Back units are currently rented- VERY VERSATILE OPTIONS FOR RESIDENTIAL OR COMMERCIAL USE. This property is ZONED C-5 and can be used for commercial use as in the past-Definitely upside potential for rents - *NOTE* 3rd bedroom in unit one does not have a closet. *NOTE*THIS COULD BE A BEAUTIFUL OWNER OCCUPIED SINGLE FAMILY HOME AS IN THE PAST AND PERFECT FOR MULTIGENERATIONAL LIVING SINCE THE FRONT AND BACK UNITS ONLY HAVE A SEALED DOOR FOR SEPARATION. BOTH UNITS HAVE BEEN PARTIALLY REMODELED. ALSO IDEAL FOR A VRBO IN FRONT UNIT( WALKING DISTANCE TO OCC WOULD BE IDEAL FOR SUMMER TOURISTS) AND HAVE FIXED INCOME IN REAR UNIT. Call listing brokers for further details

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,670 SF

ZONING

C5

APN/PARCEL ID

74114-12-012

ASK ABOUT THIS PROPERTY

Brent DemosDemos Real Estate and InvestmentsMore Info
719-338-8110

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Brent DemosDemos Real Estate and InvestmentsMore Info
719-338-8110

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