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2502 E Bijou St 3,678 SF Flex Building Colorado Springs, CO 80909 $850,000 ($231.10/SF) 6.70% Cap Rate



EXECUTIVE SUMMARY
Located in the heart of Colorado Springs, 2502 E Bijou Street presents a compelling investment opportunity with a tenant in place at a 6.7% cap rate. The property is zoned MX-L, offering long-term flexibility across a wide range of uses. The county assessor reflects 3,678 square feet, with an additional 1,248 square feet of functional basement space not included in the recorded square footage. Improvements include a reception area, warehouse space, and an overhead garage door, supporting a variety of operational users. The 0.38-acre site also features fenced and paved outdoor storage or parking, enhancing utility and tenant appeal. This centrally located asset is well suited for retail, office, auto repair, construction sales and services, self storage, and other allowable uses, making it an attractive option for investors seeking stable income with future upside potential.
PROPERTY FACTS
| Price | $850,000 | Lot Size | 0.38 AC |
| Price Per SF | $231.10 | Rentable Building Area | 3,678 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.70% | Year Built | 1961 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Flex Research & Development | Parking Ratio | 8.16/1,000 SF |
| Building Class | C | ||
| Zoning | MX-L - general business | ||
| Price | $850,000 |
| Price Per SF | $231.10 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 0.38 AC |
| Rentable Building Area | 3,678 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Tenancy | Single |
| Parking Ratio | 8.16/1,000 SF |
| Zoning | MX-L - general business |
AMENITIES
- Bus Line
- Fenced Lot
- Signage
- Yard
- Reception
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 64161-16-081 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $229,640 |
PROPERTY TAXES
Parcel Number
64161-16-081
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$229,640
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2502 E Bijou St
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