2812 West Colorado Avenue, Colorado Springs, CO, 80904 - Available for Lease

Office For Lease

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2812 West Colorado Avenue

2812 West Colorado Avenue, Colorado Springs, CO 80904

$1 /SF/Month

950 SF | Office

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Office Property For Lease

Total Space Available:
950 SF
Rental Rate:
$1 /SF/Month
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Retail (Other)
Building Size:
8,088 SF
Building Class:
C
Year Built:
1985
Lot Size:
0.32 AC
Zoning Description:
C5
Listing ID
17203354
Last Updated
1 day ago

Find Out More...

1 Space Available

Space 106

  • 950 SF
  • $950 /Month
  • Office Building
  • Modified Gross
  • Oct 2014
$950 /Month$12 /SF/Year$1 /SF/Month$11,400 /Year$950 /Month

Description

This is a nice 8,088 square foot, 2 story, stucco office building with good on-site parking (20 spaces) and mountain views in the heart of Old Colorado City listed for sale at discount - $575,000! ($71 psf). This building is ideally suited for an owner user or an operator who can increase the below market rents to produce a higher yield. There are very stable tenants on the ground floor (Allstate Insurance, Mike' s Barber Shop and an Eastern Medical Arts practice) who have been in tenancy for years with no current, active leases in place. A Buyer' s options are to retain the tenants or utilize that space. The Seller would consider carrying a 2nd mortgage to help minimize a qualified Buyer' s down payment. Annual property taxes and insurance cost about $7,182 and $1,600.

West Colorado Avenue, Between South 28th street and South 29th Street

Map of 2812 West Colorado Avenue, Colorado Springs, CO 80904 (El Paso County)

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Tim Leigh

Specializing in Colorado Springs metro area

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License #8463181-PB00

Asking Price Index Trends for Colorado Springs, CO Office For Lease

  Sep 14 vs. 3 mo.
prior
Y-O-Y
-
State
$16-1.6%0.0%
-
Metro
$12+0.3%+1.1%
-
County
$12+0.5%+1.7%
-
City
$12+1.0%+1.9%

View Colorado Springs Market Trends for other property types for sale or lease. Learn more about the chart info.

2812 West Colorado Avenue
  • Office
  • $1 /SF/Month
  • 950 SF