10 E Pikes Peak Ave - Storefront FOR SALE


Colorado Springs, CO 80903- Downtown Colorado Springs
$2,096,000 USD
719-244-5182
10 E Pikes Peak Ave, Colorado Springs, CO for Sale
$2,096,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

10 E Pikes Peak Ave
Colorado Springs, CO 80903
Downtown Colorado Springs


HIGHLIGHTS

  • Conceptual plans have been approved by PPRBD increasing interior square footage by 1,307 SF for a total building size of 6,531 SF
  • Historically a retail and office building but flexible FBZ zoning allows for restaurant and many other uses.
  • Can easily be converted into a multi-tenant property.
  • Located in an Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses.
  • Seller has abated all asbestos.

OVERVIEW

10 E Pikes Peak Avenue is a retail / office building located in the heart of Downtown Colorado Springs. The property provides a strategic location with easy access to major highways, heavy foot traffic, within walking distance to many restaurants, hotels, courthouse, and offices plus great visibility along the busy Pikes Peak Ave. This is a great Owner User opportunity and presents a rare opportunity to own in the fast growing Downtown market. Conceptual plans have been approved by Regional Building Department increasing interior square footage by 1,307 SF for a total building size of 6,531 SF. Seller has abated all asbestos. Historically a retail and office building but flexible FBZ zoning allows for restaurant and many other uses. Can easily be converted into a multi-tenant property. Located in an Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses.

FOR SALE DETAILS

PRICE

$2,096,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

FBZ-CEN

APN/PARCEL ID

64182-14-010

ASK ABOUT THIS PROPERTY

Jeremy ShirleyOlive Real Estate GroupMore Info
719-244-5182

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Jeremy ShirleyOlive Real Estate GroupMore Info
719-244-5182

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