3044 W Colorado Ave - Storefront FOR SALE


Colorado Springs, CO 80904- Old Colorado City
$300,000 USD
719-722-8632
3044 W Colorado Ave, Colorado Springs, CO for Sale
$300,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

3044 W Colorado Ave
Colorado Springs, CO 80904
Old Colorado City


OVERVIEW

This small retail building is located on the hard corner of West Colorado Avenue at 31st Street, a full interchange corner where Starbucks, Kentucky Fried Chicken, and Taco Bell are on the other corners. The national credit businesses have recognized the value of this corner. That’s important to know because it speaks of the location’s long-term potential. As it is, the property has a long-term lease with a medical marijuana dispensary and the investment ($300,000) yields an immediate cash-on-cash return of 8.2%. The location is a good long-term play with upside. For a private showing and all the confidential details, call Jayme Wilson: 719-722-8632 or Tim Leigh: 719-337-9551

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MX-M

APN/PARCEL ID

74101-02-011

ASK ABOUT THIS PROPERTY

Jayme WilsonHoff & Leigh Colorado Springs, LLCMore Info
719-722-8632

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Jayme WilsonHoff & Leigh Colorado Springs, LLCMore Info
719-722-8632

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