1824 W Colorado Ave 3,274 SF Office Building Colorado Springs, CO 80904 $725,000 ($221.44/SF)

Available for sale or lease. Great opportunity for an owner user in this one of a kind restored Victorian residence with MX-M zoning, allowing a variety of uses. Constructed in 1888 with an ADU added in 1998, this property offers ultimate flexibility for retail, office, residential, live/work, or multifamily use and has been renovated to blend modern conveniences with historic charm. Fresh paint, refinished original hardwood floors, new kitchen/break room (2024) with brand new stainless steel appliances and leathered granite countertops, detailed trim work, updated bathrooms, new sewer line (2023), newer boiler (2020), roof (2017), and foundation improvements (2024) bring this property into the 21st century without sacrificing its Victorian allure. 
The main building, which can be divided into two separate units with separate entrances,  features 4 bedrooms/offices, 2.5 bathrooms, a formal dining room, ample storage, an original leaded glass pantry, a receiving/sun room with new floors (2024) & window treatments, and an upstairs studio space with sink and refrigerator (not included in office count). The flexible layout is suitable for commercial, income generating or live/work arrangements. Laundry hookups are available both upstairs and downstairs, with a stackable washer/dryer included on main level. The downstairs back bedroom also offers separate access, ideal for a seperate office setup.
The standalone cottage offers 1 bedroom + loft, 1.5 bathrooms, a full kitchen, in-unit laundry, and central HVAC. Ideal as a freestanding office or residential unit, it includes 1 dedicated off-street parking space and additional on-street parking. The cottage is currently leased until July 2026 at $1,600/mo modified gross.
The professionally designed outdoor living space offers a low maintenance cottage garden featuring a courtyard fountain, mature roses, peonies, and a stately shade tree.The cottage includes 1 bedroom/office + loft, 1.5 bathrooms, its own laundry and kitchen facilities, and central heating and air conditioning. The cottage offers potential for office, owner occupied short term rental, multi-generational living, or conversion into a 1-car garage with an attached office or loft. This property’s historic charm, modern updates, and versatility make it a rare find. Whether as a retail space, homey office, stately residence, rental property, or a combination, this classic Victorian gem offers endless possibilities.