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123 N Union Blvd 6,400 SF Vacant Industrial Building Colorado Springs, CO 80909 $1,120,000 ($175/SF)
Executive Summary
FOR LEASE OR SALE: 123 North Union is a 6,468 square feet free-standing industrial building with a fenced yard. It’s zoned MX-L.
The building is in the process of being totally remodeled to a new shell condition. The entire ground floor is approximately 5,000 square feet plus there is an approximate 1,500 square feet mezzanine. As part of the remodeling, it’s been divided into 2 equally sized spaces known as Suite 100 & Suite 110. The mezzanine is intended for Suite 110. The available lease space (Suite 100 – the south suite) is $3,500 per month. Approximately ½ of the fenced yard behind the building comes as part of the lease space. The building’s roof was newly installed in 2023. There was a 10 year transferrable warranty at installation. Environmental Solutions provided a Phase 1 inspection in 2015, saying, “The assessment has revealed no evidence of a recognized environmental condition in connection with the property.”
The asking sale price is $1,120,000. The asking lease rate is $3,500 a month + utilities
For a private showing and all the confidential financial details, call Tim Leigh: 719-337-9551, Brian Canady: 719-433-1102 or Holly Trinidad: 719-337-0999
The building is in the process of being totally remodeled to a new shell condition. The entire ground floor is approximately 5,000 square feet plus there is an approximate 1,500 square feet mezzanine. As part of the remodeling, it’s been divided into 2 equally sized spaces known as Suite 100 & Suite 110. The mezzanine is intended for Suite 110. The available lease space (Suite 100 – the south suite) is $3,500 per month. Approximately ½ of the fenced yard behind the building comes as part of the lease space. The building’s roof was newly installed in 2023. There was a 10 year transferrable warranty at installation. Environmental Solutions provided a Phase 1 inspection in 2015, saying, “The assessment has revealed no evidence of a recognized environmental condition in connection with the property.”
The asking sale price is $1,120,000. The asking lease rate is $3,500 a month + utilities
For a private showing and all the confidential financial details, call Tim Leigh: 719-337-9551, Brian Canady: 719-433-1102 or Holly Trinidad: 719-337-0999
Property Facts
| Price | $1,120,000 | Rentable Building Area | 6,400 SF |
| Price Per SF | $175 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1979 |
| Property Type | Industrial | Parking Ratio | 2.34/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Cross Streets | E Bijou St |
| Lot Size | 0.19 AC | ||
| Zoning | C6 - C6 | ||
| Price | $1,120,000 |
| Price Per SF | $175 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.19 AC |
| Rentable Building Area | 6,400 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 2.34/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | E Bijou St |
| Zoning | C6 - C6 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl - Warehouse
- 3,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - Warehouse | 3,000 SF | Industrial | - | Now |
1st Fl - Warehouse
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 64162-15-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $222,710 |
Property Taxes
Parcel Number
64162-15-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$222,710
Contacts
-
Timothy Leigh -
Holly Trinidad -
Brian Canady -
Hoff & Leigh Colorado Springs, LLC
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123 N Union Blvd
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