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320 N Circle Dr 3,938 SF Retail Building Colorado Springs, CO 80909 $865,000 ($219.65/SF)



INVESTMENT HIGHLIGHTS
- Excellent Condition
- Newly Repaved Parking Lot
- Direct Frontage to Circle Drive
- Zoned MX-L
EXECUTIVE SUMMARY
This well-maintained restaurant property has been home to the popular family-owned Bean Bandit Restaurant since 1975. It resides on a 24,000 SF parcel of land with direct access and exposure to Circle Drive near Platte Avenue. The large recently repaved and newly striped parking lot has 35 plus parking spaces. The property is an ideal opportunity for the savvy restaurant/tavern operator or alternatively the property could be redeveloped.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,938 SF
Building Class
C
Year Built
1975
Price
$865,000
Price Per SF
$219.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.55 AC
Zoning
MX-L - Mixed Use Large Scale
Parking
75 Spaces (19.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 64161-15-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $159,620 |
PROPERTY TAXES
Parcel Number
64161-15-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$159,620
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320 N Circle Dr
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