802 S Nevada Ave - Office/Residential FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$695,000 USD
719-321-7977
802 S Nevada Ave, Colorado Springs, CO for Sale
$695,000 USD
Office/Residential - FOR SALE
1/47
null | Request Cap Rate

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802 S Nevada Ave
Colorado Springs, CO 80903
Downtown Colorado Springs


OVERVIEW

• Three-unit mixed-use property featuring two residential units and one commercial/office unit. • Flexible investment opportunity with the ability to generate income from both residential and commercial tenants. • Office suite available for immediate occupancy, providing an attractive option for an owner-user seeking to offset occupancy costs with residential rental income. • Two residential units provide built-in income potential and diversification across multiple tenants/use types. • Ideal for professional office users, small businesses, investors, or buyers seeking a live/work opportunity. • Highly visible S. Nevada Avenue location with convenient access to Downtown Colorado Springs and surrounding amenities. • Multiple potential ownership strategies — occupy the office while leasing the residential units, lease all three units for investment income, or reposition the property over time. • Rare small mixed-use acquisition opportunity along the S. Nevada corridor. • Residential component provides an additional income stream not typically available with a traditional small office acquisition. • Well-suited for investors and owner-users looking for flexibility, income diversification, and long-term upside.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

FBZ-T1

APN/PARCEL ID

64192-10-001

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.