2960 N Academy Blvd - Office FOR SALE


Colorado Springs, CO 80917- Palmer Park
$995,000 USD
817-966-4789
2960 N Academy Blvd, Colorado Springs, CO for Sale
$995,000 USD
Office - FOR SALE
1/33
null | Request Cap Rate

2960 N Academy Blvd
Colorado Springs, CO 80917
Palmer Park


HIGHLIGHTS

  • First floor suite and majority of second floor renovated with spacious offices and large windows
  • Lower-level furniture available to buyer
  • Second floor fully leased and generating stable rental income
  • All HVAC units replaced in 2024
  • Parking lot improvements completed in 2025
  • Renovated restrooms (4) throughout building

OVERVIEW

Exceptional owner-occupant opportunity in Colorado Springs with strong in-place income. This well-maintained 7,356 SF office building qualifies for SBA financing for an owner-user occupying 51% or more of the property, allowing eligible buyers to acquire the building with as little as 10% down under SBA 504 or 7(a) programs. Currently, approximately 49% of the building is leased, providing stable monthly cash flow to help offset ownership costs. The remaining 51% is fully built out and move-in ready for an owner-occupant. The available owner-user space includes: Full kitchen and break room Large open common space 7 private, closed-door offices Spacious conference room Ideal configuration for legal, accounting, insurance, financial services, medical office, or professional use The property has undergone a total remodel with significant capital improvements, including: LED daylight lighting throughout Floor-to-ceiling windows with abundant natural light New HVAC systems New roof Updated stucco exterior Major systems replaced and modernized All major high-cost building systems have been recently upgraded, minimizing near-term capital expenditure. This is a rare opportunity for a business owner to control their real estate, build equity, and offset costs with existing tenant income while operating from a high-quality, professionally remodeled office environment.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

OC

APN/PARCEL ID

63344-01-013

ASK ABOUT THIS PROPERTY

Mary Brennan HoggMiramont CommercialMore Info
817-966-4789

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Mary Brennan HoggMiramont CommercialMore Info
817-966-4789

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