320 S Cascade Ave - Office FOR SALE


Colorado Springs, CO 80903
$890,000 USD
719-661-0082
320 S Cascade Ave, Colorado Springs, CO for Sale
$890,000 USD
Office - FOR SALE
1/7
null | 6.5% Cap Rate

320 S Cascade Ave
Colorado Springs, CO 80903


HIGHLIGHTS

  • 1 Block from the Courthouse.
  • Owner Financing Available.
  • On site Parking.
  • 2nd Floor Tenant.
  • 2176 SF 1st Floor available.
  • 1031 Exchange Opportunity for Buyer.

OVERVIEW

Seller Financing if requested. 6.5%, 20-year amortization, 5-year term, renewal considered. Seller will cooperate with 1031 Buyer. New Owner benefits may include some or all of the following: - Opportunity Zone benefits, tax benefits, equity growth, rent payments from existing tenant, fixed loan payments vs annual increases in rent, operating cost control, future expansion, etc. - Off street and on street parking. Adjacent to public parking lot. - One block from the County Courthouse. First Floor Available For LEASE. See Separate "For Lease Listing" for Details.

FOR SALE DETAILS

PRICE

$890,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FOR SALE

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

FBZ-CEN

APN/PARCEL ID

64183-12-010

ASK ABOUT THIS PROPERTY

Charlie MartinC.T. Martin Commercial Real EstateMore Info
719-661-0082

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Charlie MartinC.T. Martin Commercial Real EstateMore Info
719-661-0082

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