3501 W Colorado Ave - Hospitality FOR SALE


Colorado Springs, CO 80904- West Colorado Springs
$699,000 USD
719-644-8900
3501 W Colorado Ave, Colorado Springs, CO for Sale
$699,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

3501 W Colorado Ave
Colorado Springs, CO 80904
West Colorado Springs


HIGHLIGHTS

  • Current Structure: 10 units (9 motel rooms + 1 single-family home)
  • Prime Location: West Colorado Springs, near top attractions & amenities
  • Redevelopment Potential: Zoned C5, allowing for multiple investment strategies

OVERVIEW

The Lana Rodriguez Group Powered By REAL is pleased to present an exceptional redevelopment opportunity at 3501 W Colorado Ave, Colorado Springs, CO. Located on the highly desirable west side, just minutes from Garden of the Gods, this property offers unparalleled potential for the right investor. Property Highlights: Current Structure: 10 units (9 motel rooms + 1 single-family home) Prime Location: West Colorado Springs, near top attractions & amenities Redevelopment Potential: Zoned C5, allowing for multiple investment strategies Ready for Transformation: Interiors already demoed with some plumbing rough-ins complete Investment Potential: Whether you choose to renovate the existing structures or redevelop from the ground up, this property offers limitless potential to capitalize on a growing market.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$186 USD /SF

# OF ROOMS

12

PRICE/ROOM

$58,250 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ridgeview Motel Redevelopment Opportunity

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1946

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C-5

APN/PARCEL ID

74033-24-008

ASK ABOUT THIS PROPERTY

Bryan RodriguezReal Broker LLCMore Info
719-644-8900

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Bryan RodriguezReal Broker LLCMore Info
719-644-8900

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