Historical Office Lease Listing - 2812 West Colorado Avenue

Office For Lease

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2812 West Colorado Avenue

2812 West Colorado Avenue, Colorado Springs, CO 80904

N/A

950 SF | Office

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Office Property - Off Market

Total Space Rentable:
950 SF
Rental Rate:
N/A
Min. Divisible:
950 SF
Max. Contiguous:
1,000 SF
Property Type:
Office
Property Sub-type:
Office Building
Building Size:
8,088 SF
Building Class:
C
Year Built:
1985
Lot Size:
0.32 AC
Zoning Description:
C5
Listing ID
17203354
Last Updated
14 days ago

1 Space

Space 106

  • 950 SF
  • N/A
  • Office Building
  • Modified Gross
  • Oct 2014

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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