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2960 N Academy Blvd 7,356 SF 50% Leased Office Building Colorado Springs, CO 80917 $995,000 ($135.26/SF)



Investment Highlights
- First floor suite and majority of second floor renovated with spacious offices and large windows
- Second floor fully leased and generating stable rental income
- Parking lot improvements completed in 2025
- Lower-level furniture available to buyer
- All HVAC units replaced in 2024
- Renovated restrooms (4) throughout building
Executive Summary
Exceptional owner-occupant opportunity in Colorado Springs with strong in-place income. This well-maintained 7,356 SF office building qualifies for SBA financing for an owner-user occupying 51% or more of the property, allowing eligible buyers to acquire the building with as little as 10% down under SBA 504 or 7(a) programs. Currently, approximately 49% of the building is leased, providing stable monthly cash flow to help offset ownership costs. The remaining 51% is fully built out and move-in ready for an owner-occupant. The available owner-user space includes: Full kitchen and break room Large open common space 7 private, closed-door offices Spacious conference room Ideal configuration for legal, accounting, insurance, financial services, medical office, or professional use The property has undergone a total remodel with significant capital improvements, including: LED daylight lighting throughout Floor-to-ceiling windows with abundant natural light New HVAC systems New roof Updated stucco exterior Major systems replaced and modernized All major high-cost building systems have been recently upgraded, minimizing near-term capital expenditure. This is a rare opportunity for a business owner to control their real estate, build equity, and offset costs with existing tenant income while operating from a high-quality, professionally remodeled office environment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,356 SF
Building Class
B
Year Built/Renovated
1978/2024
Price
$995,000
Price Per SF
$135.26
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,700 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
0.52 AC
Zoning
OC
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 63344-01-013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $387,870 |
Property Taxes
Parcel Number
63344-01-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$387,870
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2960 N Academy Blvd
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