323 Iowa Ave - Warehouse FOR SALE


Colorado Springs, CO 80909- Divine Redeemer
$775,000 USD
719-321-7977
323 Iowa Ave, Colorado Springs, CO for Sale
$775,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

323 Iowa Ave
Colorado Springs, CO 80909
Divine Redeemer


HIGHLIGHTS

  • Located just off Highway 24 with easy downtown access
  • Two drive-in doors and high ceilings for flexible operations
  • Fenced yard ideal for secure storage or vehicle staging
  • Zoned MX-L for mixed commercial/light industrial use
  • Paint booth included for collision and hail repair services
  • Strong owner-user potential in a central Colorado Springs location

OVERVIEW

Positioned just north of Highway 24 and minutes east of downtown Colorado Springs, 323 Iowa Avenue presents a rare opportunity to acquire a standalone auto shop with a proven business history and flexible layout. This 3,024 SF building sits on an 8,000 SF fenced lot and is ideally suited for owner-users seeking a collision and hail repair facility, complete with a paint booth and high ceilings that support a variety of automotive or light industrial uses. The property features two drive-in doors, a small office area, and a predominantly warehouse-style configuration, offering operational efficiency and adaptability. Zoned MX-L, the site allows for a mix of commercial and light industrial uses, making it a strategic investment for entrepreneurs or expanding service providers. Its central location ensures excellent visibility and accessibility, with close proximity to major thoroughfares including Highway 24, Fort Carson, and Cheyenne Mountain. The fenced yard adds security and outdoor utility, while the building’s standalone nature enhances branding and signage potential. Whether you're an established operator or a new entrant to the market, this property offers a compelling combination of location, functionality, and value.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18

LAND SF

7,841

ZONING

MX-L

APN/PARCEL ID

64162-09-050

ASK ABOUT THIS PROPERTY

Andrew OylerCBREMore Info
719-321-7977

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Andrew OylerCBREMore Info
719-321-7977

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