5957 Terminal Avenue Ave - Bar FOR SALE


Colorado Springs, CO 80915- Cimarron Hills
$5,000,000 USD
404-620-1701
5957 Terminal Avenue Ave, Colorado Springs, CO for Sale
$5,000,000 USD
Bar - FOR SALE
1/40
null | Request Cap Rate

5957 Terminal Avenue Ave
Colorado Springs, CO 80915
Cimarron Hills


HIGHLIGHTS

  • 9,540 sq. ft. single-story, freestanding building at 5957 Terminal Ave, Colorado Springs
  • 18 ft. high ceilings & Private VIP Ceilings
  • 1.58-acre lot with a 7.23:1 land-to-building ratio allowing ample parking and maneuverability; 230 ft. road frontage on Terminal Ave.
  • $400,000 in renovations completed in October 2021
  • Near I-25 and US 24
  • Highly profitable club

OVERVIEW

The Snooty Fox Club is Colorado Springs only large box adult entertainment club with full alcohol service. The property was extensively renovated with new systems in 2021. Colorado Springs boasts population of 489,664 with median income of $79,026. Situated within the East Retail submarket of Colorado Springs, the region experiences stable demand, and ongoing development. The local market benefits from a diversified economy including defense, high-tech, and aerospace industries. With a remaining economic life of approximately 25–30 years, this property offers an opportunity for investors seeking stable income with long-term property appreciation.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$524 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adult Cabaret | Real Estate & Business

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

CC, CAD-O

APN/PARCEL ID

54074-27-011

ASK ABOUT THIS PROPERTY

Chris Marin5957 Terminal AveMore Info
404-620-1701

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Chris Marin5957 Terminal AveMore Info
404-620-1701

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