This Property is no longer advertised on Showcase.com.
Off Market
1/20

5555 Erindale Dr
Colorado Springs, CO 80918


HIGHLIGHTS

  • Main Level Condo/ Business Suite
  • Only opportunity to own a business suite in this beautiful complex
  • Lush landscape around the entire business complex
  • Front facing next to the main road Erindale Dr for great customer exposure
  • 5 interior offices, a bathroom, washer and dryer hook ups, and kitchenette in this main level condo.

OVERVIEW

*Click on the virtual tour link for a video walkthrough.* Own a ground level/ main level business suite in a beautiful community. Enjoy the convince of the main level office facing Erindale Dr. Clients and customers have easy parking access with the large parking lot next to this suite. There are 5 private office rooms in this suite, a kitchenette, a bathroom, waiting room, and a washer and dryer hook up. There is a monthly HOA fee of $350, and a property management company. The HOA includes water, trash removal, all exterior maintenance of the building, groundskeeping, parking lot and exterior lighting. Property taxes for 2025 is $1825. Rental income is: $11/sf, plus triple net for the property taxes, Hoa monthly fees, plus gas and electric. Recent upgrades include the 5th office suite, new windows and a new sliding glass door. The washer and dryer hook up is new, and the interior is painted neutral. 1. Install a new window and a new sliding glass door in the back room 2. Update to four office rooms by: Add a wall for the first room, remove the fireplace, remove one glass window, and add a door 3. Add the fifth room by: adding a door for the storage room. 4. Install the Washer and dryer hook-up. 5. New Paint: Paint the entire interior. 6. Add some electric outlets. 7. Install new ceiling LED panels and new ceiling lights. 8. Add new blinds to the interior office windows. 9. Replace some ceiling panels. 10. New bathroom countertop 11. Exterior repairs currently being competed by the complex owner/HOA.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

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BUILDING DETAILS

PROPERTY NAME

Erinbrook I

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

16352

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.05 AC AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

63163-12-011,63163-12-012,63163-12-013,63163-12-014,63163-12-015,63163-12-016,63163-12-017,63163-12-018,63163-12-019,63163-12-020,63163-12-021,63163-12-022,63163-12-023,63163-12-024