525 E Costilla St - Schools FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$5,850,000 USD
719-644-8900
525 E Costilla St, Colorado Springs, CO for Sale
$5,850,000 USD
Schools - FOR SALE
1/46
null | Request Cap Rate

525 E Costilla St
Colorado Springs, CO 80903
Downtown Colorado Springs


HIGHLIGHTS

  • Downtown's Dazzler! This modern masterpiece sits at the crossroads of the bustling downtown and the shimmering Prospect Lake!
  • Atrium Extravaganza! Awash with natural light and innovative design, the unique atriums set the tone, creating an ambiance that's unmatched.
  • Acres of Opportunity! With nearly 3 acres, including an adjacent parcel, this is the land of dreams for redevelopment, owner occupy and more!

OVERVIEW

Downtown Colorado Springs isn't just having a moment; it's having its renaissance! Touted as the hottest address in town, especially with the recent spotlight on Space Force's decision to stay, this location is redefining urban charm. Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property. Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on. Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you. Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered. The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate. Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier. Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Third Future Schools Building

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

PIP1/CR CU SS

APN/PARCEL ID

64184-14-142

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.