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THE MONUMENT BUILDING 128-130 E Monument St 6,346 SF 100% Leased Office Building Colorado Springs, CO 80903 $1,300,000 ($204.85/SF) 5.04% Cap Rate
Investment Highlights
- Downtown Location on Nevada Avenue
- Value Add Opportunity
- Versatile units can be residential or office
Executive Summary
Historic Mixed-Use Gem at 128-130 E Monument St, Colorado Springs, CO. Built in 1910, this impeccably maintained property features five versatile units (1,000-1,500 SF each), ideal for residential or office use, with four currently leased. Located in the vibrant, growing downtown area near Colorado College, it offers rare off-street parking, a unique draw in this bustling urban hub. The property’s timeless charm, excellent condition, and prime location make it a standout investment opportunity. Contact broker for more details on this exceptional offering!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,346 SF
Building Class
B
Year Built
1910
Price
$1,300,000
Price Per SF
$204.85
Cap Rate
5.04%
NOI
$65,526
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,113 SF
Slab To Slab
10’
Building FAR
0.46
Lot Size
0.32 AC
Zoning
MX-M
Parking
10 Spaces (1.58 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 64074-07-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $336,820 |
Property Taxes
Parcel Number
64074-07-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$336,820
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THE MONUMENT BUILDING | 128-130 E Monument St
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