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Listed by Deanne Walker Trent Properties Group
$1,525,000
Est. payment /mo
7,405 Sqft Lot
Active
1501 W Colorado Avenue Colorado Springs, CO 80904
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Key Details
Property Type Commercial
Sub Type Mix Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7040540
Construction Status Existing
Year Built 1901
Annual Tax Amount $14,745
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Mix Use
Source Pikes Peak REALTOR® Services
Property Description
Exceptional Investment or Owner-User Opportunity
Position your business for success in this beautifully remodeled commercial property located on a highly visible corner lot at a signalized intersection. Renovated in 2024, the building features a new air conditioning system, fully zoned HVAC, and upgraded electrical, offering modern efficiency and reliability throughout.
The versatile main level is ideally suited for retail, professional office, or service-oriented businesses and can accommodate an owner-user or be divided for two separate tenants. Upstairs are two completely remodeled luxury apartments, one with a spacious deck showcasing mountain views, creating an outstanding live/work opportunity or generating additional rental income.
Additional highlights include 12 off-street parking spaces, excellent accessibility, and outstanding exposure with traffic counts of approximately 12,500 to 14,000 vehicles per day (based on the most recent available traffic study). This is a rare opportunity to own a fully updated mixed-use property in a premier, high-visibility location with multiple income possibilities.
Position your business for success in this beautifully remodeled commercial property located on a highly visible corner lot at a signalized intersection. Renovated in 2024, the building features a new air conditioning system, fully zoned HVAC, and upgraded electrical, offering modern efficiency and reliability throughout.
The versatile main level is ideally suited for retail, professional office, or service-oriented businesses and can accommodate an owner-user or be divided for two separate tenants. Upstairs are two completely remodeled luxury apartments, one with a spacious deck showcasing mountain views, creating an outstanding live/work opportunity or generating additional rental income.
Additional highlights include 12 off-street parking spaces, excellent accessibility, and outstanding exposure with traffic counts of approximately 12,500 to 14,000 vehicles per day (based on the most recent available traffic study). This is a rare opportunity to own a fully updated mixed-use property in a premier, high-visibility location with multiple income possibilities.
Location
State CO
County El Paso
Interior
Furnishings Existing
Exterior
Garage Spaces 12.0
Carport Spaces 12
Road Frontage City/Town Road
Building
Construction Status Existing
Others
Tax ID 7413205001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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