Located in the heart of Colorado Springs, 2502 E Bijou Street presents a compelling investment opportunity with a tenant in place at a 6.7% cap rate. The property is zoned MX-L, offering long-term flexibility across a wide range of uses. The county assessor reflects 3,678 square feet, with an additional 1,248 square feet of functional basement space not included in the recorded square footage. Improvements include a reception area, warehouse space, and an overhead garage door, supporting a variety of operational users. The 0.38-acre site also features fenced and paved outdoor storage or parking, enhancing utility and tenant appeal. This centrally located asset is well suited for retail, office, auto repair, construction sales and services, self storage, and other allowable uses, making it an attractive option for investors seeking stable income with future upside potential.