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Investment Highlights

  • High traffic corner with great access

Executive Summary

Recently remodeled building for sale at the
corner of Nevada Ave. and Vermijo Ave. in
Downtown Colorado Springs. This property is
perfectly situated in between the well-trafficked
downtown strip and the S. Nevada shopping
and dining corridor, and is walking distance to
multiple new apartment buildings. Currently in
a short term NNN lease with Ivywild Pharmacy.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,081 SF
Building Class
C
Year Built
1952
Price
$585,000
Price Per SF
$281.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
FBZ-COR
Parking
10 Spaces (4.81 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

SouthState Bank
Vectra Bank
PNC Bank
Jinya Ramen Bar
Sunbelt Rentals Inc
UMB Bank
Academy Bank
U.S. Bank
CrossFit
Caribou Coffee

Property Taxes

Property Taxes

Parcel Number
64184-10-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$158,110
  • Listing ID: 38609840

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 311 S Nevada Ave, Colorado Springs, CO 80903

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