Hillside Plaza 307 S Hancock Ave 6,206 SF 100% Leased Retail Building Colorado Springs, CO 80903 $1,350,000 ($217.53/SF)

Located near Downtown Colorado Springs and Memorial Park, 307-321 S Hancock Avenue presents an excellent opportunity to acquire a ±6,206 SF retail and commercial property on ±0.4063 acres. Zoned MX-M (Mixed-Use Medium Scale), the property supports a wide range of retail, restaurant, office, medical, and service commercial uses.
The building includes a grease trap, making it well suited for restaurant or food service operators, while a newer roof and HVAC systems help reduce future capital expenses. Its functional layout provides flexibility for owner-users, investors, or businesses seeking a centrally located commercial property.
With convenient access to Downtown Colorado Springs, major transportation routes, and nearby neighborhoods, the property offers excellent potential for a variety of commercial operations.
Property Highlights
Sale Price: $1,150,000
Building Size: ±6,206 SF
Lot Size: ±0.4063 Acres
Zoning: MX-M (Mixed-Use Medium Scale)
Grease trap installed
Newer roof and HVAC systems
Flexible retail and commercial layout
Near Downtown Colorado Springs and Memorial Park
Ideal Uses
Restaurant or café
Retail store
Medical or dental office
Professional office
Fitness or wellness studio
Salon or spa
Showroom
Specialty market
Owner-user
Investment property
Frequently Asked Questions
What is the asking price?
$1,150,000.
What is the building size?
Approximately 6,206 SF.
What is the lot size?
Approximately 0.4063 acres.
What zoning does the property have?
MX-M (Mixed-Use Medium Scale), allowing a broad range of commercial uses, subject to City of Colorado Springs regulations.
Does the property have restaurant infrastructure?
Yes. A grease trap is already installed.
Have major building systems been updated?
Yes. The property features a newer roof and HVAC systems.
Can be owner user: Yes