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1015-1019 W Colorado Ave 2,027 SF 100% Leased Retail Building Colorado Springs, CO 80904 $580,000 ($286.14/SF)
Investment Highlights
- Well established restaurant location
- Residential Cottage
- Spacious patio
Executive Summary
Charming restaurant located in a former Victorian home, operating continuously as a dining destination since 1978. The property features two inviting dining rooms with seating for 54, a welcoming bar and waiting area seating 8, and a spacious patio accommodating 36 guests. Ample off-street parking is conveniently located behind the building. Additionally there is a 400 sq. ft. residential cottage located behind the patio area with a yard between for privacy and access from the alley.
Business is also for sale, contact listing brokers for additional information.
Business is also for sale, contact listing brokers for additional information.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,027 SF
Building Class
C
Year Built
1955
Price
$580,000
Price Per SF
$286.14
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.34 AC
Zoning
MX-M P
Parking
15 Spaces (7.4 Spaces per 1,000 SF Leased)
Frontage
94’ on W Colorado Ave
Amenities
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $89,850 | |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$89,850
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1015-1019 W Colorado Ave
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